An investment club bought a bond for $5000, which returns 4% per year. The club now wants to buy some shares. Their preferred shares sell for $20 per share and earn a dividend of $0.50 per share per year. How many shares should the club buy so that its total investment yields 3% per year?
An investment club bought a bond for $5000, which returns 4% per year. The club now wants to buy some shares. Their preferred shares sell for $20 per share and earn a dividend of $0.50 per share per year. How many shares should the club buy so that its total investment yields 3% per year?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question 2 please, please provide working out so I can see the process thanks
Transcribed Image Text:a. If a foetus is viable outside the womb from 24 weeks, determine the size (to the
nearest cm) of a viable foetus.
b. Rewrite the formula (correct to 2 dec places) so that a doctor can determine the stage
of pregnancy and provide an interpretation of the slope and vertical intercept.
(2 marks)
(6 marks)
Problem 2: (12 marks)
An investment club bought a bond for $5000, which returns 4% per year. The club now wants
to buy some shares. Their preferred shares sell for $20 per share and earn a dividend of $0.50
per share per year. How many shares should the club buy so that its total investment yields 3%
per year?
Problem 3: (12 marks)
Doctors have found that a patient's body temperature can affect their heart rate. The resting hea
rate for a patient with a body temperature of 37 degrees Celsius, is 65 beats per minute. For each
degree increase in body temperature, the heart rate increases by 11 beats
per
minute.
a. Find an equation for a patient's resting heart rate in terms of body temperature.
(9 marks)
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