Four years ago, sam invested in grath oil. She bought three of its $1,000 par value bonds at a market price of 93. 938 and with

Question

3 years ago

5

Four years ago, sam invested in grath oil. She bought three of its $1,000 par value bonds at a market price of 93. 938 and with

an annual coupon rate of 6. 5%. She also bought 450 shares of grath oil stock at $44. 11, which has paid an annual dividend of $3. 10 for each of the last ten years. Today, grath oil bonds have a market rate of 98. 866 and grath oil stock sells for $45. 55 per share.

Mathematics

1 answer:

givi [52] · Answer 1 · 2022-10-18T22:04:42+03:00

givi [52]3 years ago

7 0

Answer:

55.27

Step-by-step explanation: