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pickupchik [31]
3 years ago
8

Five years ago, benjamin invested in parchar special effects. he purchased four par value $1,000 bonds from parchar special effe

cts 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?
Mathematics
2 answers:
Alex Ar [27]3 years ago
7 0

Answer:

The answer is D. $973.36

Step-by-step explanation:

I'm taking the test, but the answer the other guy gave is slighty off, so I'm just correcting their error.

LiRa [457]3 years ago
5 0
D) The stocks yielded $973.40 more in profits than the bonds.
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