00:01
So in this question we're dealing with some stocks.
00:04
Specifically, we're dealing for whitestone, reit, hcc insurance, and sandisk corporation.
00:11
So we've got three different tickers here.
00:13
We have a stock price of $16, $56, and $80.
00:18
And then we have a dividend yield of 7%, 2%, and 2%.
00:24
So we invested $10 ,400 in shares of the three stocks given.
00:31
So let's see if we can write some equations out here.
00:35
So if i'm talking about the amount of money i've invested in shares, how can i write that? so let's do this.
00:44
This one is a w.
00:45
This one is a h.
00:46
This is a s.
00:48
And that w, h, and s is going to represent the number of shares of wsr.
00:57
And the h will represent the number of shares of hcc.
01:07
And the s will represent the number of shares of sandk.
01:17
So that's what those represent.
01:19
So if i want to say some kind of equation equal to $10 ,400, it has to incorporate these share prices.
01:26
So if i say w is the number of shares, well, it was $16 per share times the number of shares.
01:34
And then it was $56 per share for the hcc.
01:40
And then it was $80 per share of sandisk.
01:44
And that would equal $10 ,400.
01:49
Now we are expected to earn $248 in dividends.
01:54
We'll come back to that in a second.
01:55
And we purchased a total of 200 shares.
01:59
So w, the number of shares of w, plus the number of shares of h, plus the number of shares.
02:05
Sandisk equals 200 shares.
02:09
So what about this dividend stuff? well, the dividend yield is like saying 7%.
02:17
If you invested $16, you're getting 7 % on that $16 per share.
02:25
You're going to get a dividend.
02:26
So for instance, this wsr will pay you dividends just for owning the share.
02:32
It might give you $1 per share.
02:34
It might give you $0 .50 per share.
02:36
It differs for different shares.
02:39
But if you look at it, instead of saying you get $0 .15 or $1 per share or whatever, you just look at it as a percentage yield.
02:48
So that's based on the share price.
02:50
So i guess what i'm getting at is you're going to get 7 % of the $16.
02:58
Whatever that dividend is, it's 7 % of $16.
03:03
So you're actually going to take that top line, that $16 times the number of shares, and you're going to multiply that by 0 .07.
03:16
And the next one would be the 2 % on h times the number of shares.
03:25
And the next one's 2%.
03:30
So 0 .02 times 80 times s.
03:37
And that should give you $248.
03:44
So now we have a system of equations...