Investing Exercises 41 and 42 are based on the following data on four stocks:^{18}
Price ($) | Dividend Yield (%) | 52-Week Price Change ($) | |
OCR (Omnicare) | 90 | 1 | 28 |
RCKY (Rocky Brands) | 20 | 2 | 6 |
GCO (Genesco) | 70 | 0 | – 5 |
ATVI (Activision Blizzard) | 25 | 1 | 5 |
You are planning to invest up to $10,000 in OCR and RCKY shares. You want your investment to yield at least $120 in dividends, and, for tax reasons, you want to minimize the 52-week gain in the total value of the shares. How many shares of each company should you purchase? (Fractions of shares are permitted.)
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