How much did john make on his investment

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Question - John Reardon purchased 100 shares of Tomco Corporation in December 2013 at a total cost of $1,762. He held the shares for 15 months and then sold them, netting $2,500. During the period he held the stock, the company paid him $200 in cash dividends. John buys a 10% corporate bond with a current yield of 6%. When he sells the bond one year later, the current yield on the bond is 7%. How much did john make on his investment?

Reference no: EM133078885

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