Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Discover in-depth solutions to your questions from a wide range of experts on our user-friendly Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.
Sagot :
Let's analyze the stock performance step-by-step:
1. Determine the initial stock value:
- Ten weeks ago, Jerry bought stock at \( \frac{21}{2} \).
- \( \frac{21}{2} \) evaluates to 10.5.
- Therefore, the initial stock value is 10.5.
2. Determine the current stock value:
- Today, the stock is valued at \( \frac{20}{3} \).
- \( \frac{20}{3} \) evaluates to approximately 6.67.
- Therefore, the current stock value is approximately 6.67.
3. Compare the initial value with the current value:
- Initial stock value: 10.5
- Current stock value: 6.67
- Since 6.67 is less than 10.5, the current value is below the initial value.
4. Conclusion:
- Given that the current stock value is less than the initial stock value, we can conclude that the stock is performing below par.
Therefore, the best answer is:
O B. Below par
1. Determine the initial stock value:
- Ten weeks ago, Jerry bought stock at \( \frac{21}{2} \).
- \( \frac{21}{2} \) evaluates to 10.5.
- Therefore, the initial stock value is 10.5.
2. Determine the current stock value:
- Today, the stock is valued at \( \frac{20}{3} \).
- \( \frac{20}{3} \) evaluates to approximately 6.67.
- Therefore, the current stock value is approximately 6.67.
3. Compare the initial value with the current value:
- Initial stock value: 10.5
- Current stock value: 6.67
- Since 6.67 is less than 10.5, the current value is below the initial value.
4. Conclusion:
- Given that the current stock value is less than the initial stock value, we can conclude that the stock is performing below par.
Therefore, the best answer is:
O B. Below par
Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.