Members of a book club have decided. aiter reading an investment book to begin investing in the

Question:

Members of a book club have decided. aiter reading an investment book to begin investing in the stock market They would like to achieve the following: Their investment must grow by at least $6,000 in the long term (over three years) and at least $900 in the short term. and they must earn a dividend of at least S300 per year. They are consulting with a stock broker, who has narrowed their search to two Carollna Solar Power and South West Steel. The data on each stock per 51 invested, are as follows:

SOUTH WEST STEEL CAROLINA SOLAR POWER Short-term appreciation Long-term appreciation Dividend income $0.26 $0.46 $1.93 $

Assuming that these data are indicative of what will happen to these stocks over the next three years, what is the smallest investment, in dollars. that the members would have to make in one or both of these two stocks to meet their investment goals?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...