1. Rate of Return. Valerie Goldsmith bought a stock for95 two years ago. Over this time period she received3.00 in dividends while the price increased to125. Valerie wants to find the rate of return on her investment.
2. Market and limit orders. Suppose Gary Hooker places an order to buy 100 shares of The Gap. Explain how the order will be processed if it’s a market order. Would it make any difference if it had been a limit order? Explain.
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