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You are an accounting major in college but your great love is film. Your great aunt Elise just passed away leaving you the following portfolio:
109 General Electic bonds
35 lots of a stock that has a dividend yield of 1.5% and a price of 70.37
73 February 2039 Treasury bonds
You are hoping that the annual income from the portfolio will be enough to cover your two years in film school at a cost of $41,000 per year. Will you be able to pursue your dream? If, one the other hand, you liquidated the portfolio, what is its current value?

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Category:- Basic Finance
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