Investments: Financial Stocks In August 2011, Bank of Hawaii (BOH) stock cost $45 per share and yielded 4% per year in dividends, while JPMorgan Chase (JPM) stock cost $40 per share and yielded 2.5% per year in dividends.8 If you invested a total of $25,000 in these stocks and earned $760 in dividends in a year, how many shares of each stock did you purchase? (Assume the dividend rate was unchanged for the year.)
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