The following question is based on the following information about the stocks of KT Corporation, International Flavors & Fra
grances, and Quality Systems. Price Dividend Yield
KT (KT Corporation) $16 7%
IFF (International
Flavors & Fragrances) $56 2%
QSII (Quality Systems) $80 2%
You invested a total of $10,400 in shares of the three stocks at the given prices, and expected to earn $248 in annual dividends. If you purchased a total of 200 shares, how many shares of each stock did you purchase?
