What makes for a good investment? Use the approximate yield formula or a financial calculator to rank
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Question:
What makes for a good investment? Use the approximate yield formula or a financial calculator to rank the following investments according to their expected returns. Round the answers to two decimal places. Do not round intermediate calculations.
Buy a stock for $ a share, hold it for years, then sell it for $ a share the stock pays annual dividends of $ a share
Buy a security for $ hold it for years, then sell it for $current income on this security is zero Do not round intermediate calculations.
Buy a year, percent note for $assume that the note has a $ par value and that it will be held to maturity Do not round intermediate calculations.
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