1. Investment Return MedTech Corp stock was $51.00 per share at the end of last year. Since then, it paid a $0.50 per share dividend. The stock price is currently $62.55. If you owned 400 shares of MedTech, what was your percent return?
19.26%
7.99%
23.63%
9.80%
2. Consider a standard mortgage (360 months) with monthly payments and a nominal rate (monthly compounding) of 5.10%. What portion of the payments during the first 28 months goes toward principal?
21.76%
23.71%
21.36%
23.45%
23.02%