The following question is based on the following information about the stocks of KT Corporation, International Flavors & Fragrances, and Quality Systems.   Price Dividend Yield KT (KT Corporation) $16 7% IFF (InternationalFlavors & Fragrances) $56 2% QSII (Quality Systems) $80 2% You invested a total of $11,600 in shares of the three stocks at the given prices, and expected to earn $272 in annual dividends. If you purchased a total of 200 shares, how many shares of each stock did you purchase? KT       IFF       QSII

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
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The following question is based on the following information about the stocks of KT Corporation, International Flavors & Fragrances, and Quality Systems.

  Price Dividend Yield
KT (KT Corporation) $16 7%
IFF (International
Flavors & Fragrances)
$56 2%
QSII (Quality Systems) $80 2%

You invested a total of $11,600 in shares of the three stocks at the given prices, and expected to earn $272 in annual dividends. If you purchased a total of 200 shares, how many shares of each stock did you purchase?

KT      
IFF      
QSII      
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