Answer:
Five years ago, Benjamin invested in Parchar Special Effects. He purchased four par value $1,000 bonds from Parchar Special Effects 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?
- Step-by-step explanation:
18 t - 18 t * 30% = 18 t - 17 * 0,3 = 18 t - 5,4 t = 12,6 t
22 quarters= $5.50
10 dimes= $1.00
$5.50 + $1.00 = $6.50
I just did trial and error. I started with 20 quarters and made changes until it worked.
My guess is 3/10......because 24/60 is simplified to 3/10
