Investments: Financial Stocks (Compare Exercise 51 in Section 4.1.) During the first quarter of 2015, Toronto Dominion Bank (TD) stock cost $45 per share and was expected to yield 4% per year in dividends, while CNA Financial Corp. (CNA) stock cost $40 per share and was expected to yield 2.5% per year in dividends. 7 You have up to $25,000 to invest in these stocks and would like to earn at least $760 in dividends over the course of a year. (Assume the dividend to be unchanged for the year.) Draw the feasible region that shows how many shares in each company you can buy. Find the comer points of the region. (Round each coordinate to the nearest whole number.)
Investments: Financial Stocks (Compare Exercise 51 in Section 4.1.) During the first quarter of 2015, Toronto Dominion Bank (TD) stock cost $45 per share and was expected to yield 4% per year in dividends, while CNA Financial Corp. (CNA) stock cost $40 per share and was expected to yield 2.5% per year in dividends. 7 You have up to $25,000 to invest in these stocks and would like to earn at least $760 in dividends over the course of a year. (Assume the dividend to be unchanged for the year.) Draw the feasible region that shows how many shares in each company you can buy. Find the comer points of the region. (Round each coordinate to the nearest whole number.)
Investments: Financial Stocks (Compare Exercise 51 in Section 4.1.) During the first quarter of 2015, Toronto Dominion Bank (TD) stock cost $45 per share and was expected to yield 4% per year in dividends, while CNA Financial Corp. (CNA) stock cost $40 per share and was expected to yield 2.5% per year in dividends.7 You have up to $25,000 to invest in these stocks and would like to earn at least $760 in dividends over the course of a year. (Assume the dividend to be unchanged for the year.) Draw the feasible region that shows how many shares in each company you can buy. Find the comer points of the region. (Round each coordinate to the nearest whole number.)
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