1. You purchased 475 shares of XON stock on Jan. 1, 202 for $45 per share. EAch year you received a cash dividend of $0.37 cents per share. On December 31,2012, you sold all 300 shares for $53 per share. What is the total holding period return in dollars over the investment period?
2. If a company is selling shares to raise money and/or repurchasing its shares, What does this mean for the company’s future stock price?
3. Describe, explain and illustrate how a bank could find itself insolvent. (200 words max)