meme6116
meme6116 meme6116
  • 15-09-2019
  • Mathematics
contestada

If the total value of this issue was $50,000.00, what's the par value of each share?

Respuesta :

rya95
rya95 rya95
  • 15-09-2019
1. $50,000. divided by 1000 shares = $50. per share
2. The market price is 49 1/4, or $49.25
3 . It is selling par.(Par =$50,selling$49.25)
4. 20 shares * $5. = $100.
5. You sell one share for 49 1/4 and your cost is 41 1/8 +1/8 =41 1/4
Your profit is $8. * 72 =$576. - $32.52 = $543.48

Total investment is 72 * 41 1/8 = $2961.
% of profit: 543.48/2961= x/100, so x = 18.354609%
Answer Link

Otras preguntas

Why is it unwise to think that non-prescribed drugs cannot cause harmful side effects?
How much rain does the Taiga get?
what is round to the nearst thounsand 3,489
How do I solve this problemChad buys peanuts in 2 pound bags. He repackages them into bags that hold 5/6 pounds of peanuts. How many 2 pound bags of peanuts sho
How to simplify the square root of 49 over the square root of 4
What are some advantages and disadvantages of living in the subarctic?
what you think led the United States to want to become imperialistic; in other words, to take over other countries.
Explain how information is transferred from one telephone to another one when both the telephones are mobile phones
Two times Antonio’s age plus three times Sarah’s age equals 34. Sarah’s age is also five times Antonio’s age. How old is Sarah?
What type of shape isn't a quadrilateral and why?