Question:
I will make about I00,000 next year and will have accumulated about $40,000 to invest. I am purchasing a condominium for $100,000. I am required a down payment of $10,000. The condominium - expected annual increase in market value = 5%. Municipal bonds - expected annual yield = 5%.High-yield corporate stocks - expected dividend yield = 8%.Savings account in a commercial bank-expected annual yield = 3%. High-growth common stocks - expected annual increase in market value = 10%; expected dividend yield = 0.
Answer:
You did not supply the time invested nor the breakdown of the investments. Is this your homework?
homework?
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