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How much did jack originally pay for the share

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1) Jack earned a 14.6 per cent return on a share that he purchased one year ago. The share is now worth $14.42, and he just received a dividend of $0.78. How much did Jack originally pay for the share? (in dollars to the nearest cent; don't use $ sign)

2) Jill purchased a share one year ago for $13.39. The share is now worth $15.43, and the total return to Jill for owning the share was 20.6 per cent. The dollar amount of dividends that she received for owning the share during the year is (expressed in dollars to the nearest cent; don't use $sign or commas eg 50 cents is 0.50)

Reference no: EM132398315

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