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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.

Sagot :

Answer:

55.27

Step-by-step explanation:

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