1. You own shares in the XYZ company. For the first 10 years that you owned the shares, they paid a dividend of$150 every 6 months(paid at the end of every 6months). However due to a downturn in the economy, no dividend has been paid in the past 2 years. If you have reinvested the dividends in a fund earning j=5%, how much do you have today? 

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For the first 10 years dividends were paid every 6 months so the total number of p... View the full answer