Question: Show work by typing or uploading photo from doing on paper. Round any final answers to nearest cent / hundredth . You have the following
Show work by typing or uploading photo from doing on paper. Round any final answers to nearest centhundredth You have the following ETF HMAX, which pays current annually. From an investment of $ that will receive its first dividend payment in January of the current year, paid out monthly. Calculate the following: What will be dollar payout on the first dividend payment? mark You decide to reinvest the dividends each month in full, what will be the invested total after months? Ignoring any potential fees involved marks What would be the value of the investment after years? mark
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