you have finally saved $10,000 and are ready to make your first
investment. You have the three following alternatives for investing
that money: Captial cities ABC, Inc. bonds with a par value of
$1,000, that pays and 8.75 percent on its par value in interest,
sells for $1,314, and marures in 12 years. southwest bancorp
preferred stock paying a dividend f $2.50 and selling for $25.50.
emerson electric common stock selling for $36.75, with a par value
of $5. The...