Show All Work 11 BunkySolution11 Price of stock 168111 172

Show All Work

11.
Bunky

Solution

11) Price of stock = 1.68/1.11 + 1.72/1.11^2 + 1.76/1.11^3 + 1.80/1.11^4 + 1.80*1.025/(.11-.025)/1.11^4

= 19.68

12) Price of stock = 0.30/1.10 + 0.60/1.10^2 + 1.20/1.10^3 + 2.40/1.10^4 + 2.50/.10/1.10^4

= 20.38