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The following question is based on the following information about the stocks of Whitestone REIT, HCC...

The following question is based on the following information about the stocks of Whitestone REIT, HCC Insurance Holdings, Inc., and SanDisk Corporation. Price ($) Dividend Yield (%) WSR (WSR Whitestone REIT) 16 7 HCC (HCC Insurance Holdings, Inc.) 56 2 SNDK (SanDisk Corporation) 80 2 You invested a total of $14,400 in shares of the three stocks at the given prices, and expected to earn $328 in annual dividends. If you purchased a total of 250 shares, how many shares of each stock did you purchase?  

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1. Let Given Information the numbers of ashage of price ($) Dividend field C./) WSR = x +/cc = y 56 SNDK = 2 80 Total sharje- li 1 16 56 | 7 7 1 80 10 250 / 14,400 2050 ri , , | 250 Ren Re-16R1 o 40 64 10,400 R3-R2-7R, Loo 3 | 300 Re > R2/40 o 0 1 0

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