Mr. Oduste owns two kinds of stock shares: r shares of stock x and r shares of stock y. stock x yields an annual dividend of 2%, while stick y yields an annual dividend of 6%. If mr. Oduste were to sell all of his shares of stock x and use that money to buy shares of stock y, by what percent would his annual dividend increase.
Ajitpal Sian wrote:Mr. Oduste owns two kinds of stock shares: r shares of stock x and r shares of stock y. stock x yields an annual dividend of 2%, while stick y yields an annual dividend of 6%. If mr. Oduste were to sell all of his shares of stock x and use that money to buy shares of stock y, by what percent would his annual dividend increase.
















