Five years ago, benjamin invested in parchar special effects. he purchased four par value $1,000 bonds from parchar special effects at a market rate of 96.230. each bond had an interest rate of 7.2%. benjamin also purchased 200 shares of stock in the same company, each of which cost $19.08 and had a yearly dividend of $2.04. today, bonds from parchar special effects have a market rate of 104.595, and stock in parchar special effects costs $22.62. if benjamin liquidates his portfolio and sells all of his investments, which aspect of his investment will have yielded him a greater total profit, and how much greater is it? a. the bonds yielded $940.20 more in profits than the stocks. b. the bonds yielded $33.00 more in profits than the stocks. c. the stocks yielded $373.20 more in profits than the bonds. d. the stocks yielded $973.36 more in profits than the bonds.

John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76