1. Your portfolio is 150 shares of Barden, Inc. The stock currently sells for $87 per share. The company has announced a dividend of $1.32 per share with an ex-dividend date of April 19. Assuming no taxes, how much will your stock be worth on April 19?
2. You deposit $ 69,108 in your account today. You make another deposit at t = 1 of $ 87,127. How much will there be in your account at the end of year 2 if the interest rate is 9 percent p.a.? (Record your answer without a dollar sign, without commas and round your answer to 2 decimal places; that is, record $3,245.847 as 3245.85).