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marysya [2.9K]
3 years ago
15

10 weeks ago Jerry bought stock at 21 and a half today the stock is valued at 20 and 3/8 we can say the stock is performing at w

hich of the following
Mathematics
1 answer:
seropon [69]3 years ago
7 0
Par value means that the stock is quoted at the face or principal value.

If Jerry bought the stock at the face value, it means that the stock is now below its face value, and that is said that the stock is below par.

Therefore, the answer is below par.



Answer: below par.
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She invested $11,250 in the stock, $3,750 in the CD and $12,000 in the bond fund.

<h3><u>Distributions</u></h3>

Given that Sylvia invested a total of $27,000, and she invested part of the money in a certificate of deposit (CD) that earns 3% simple interest per year, she invested in a stock that returns the equivalent of 7% simple interest, and she invested in a bond fund that returns 2%, and she invested three times as much in the stock as she did in the CD, and earned a total of $1140 at the end of 1 yr, to determine how much principal did she put in each investment, the following calculation must be made:

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Therefore, she invested $11,250 in the stock, $3,750 in the CD and $12,000 in the bond fund.

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