B. Par equality
C. Above par
D. Below par
The stock is performing above par. The correct option is C
Par value is the face value of a stock. It is the price that the company originally sold the stock for. The stock is said to be trading at par when its current market price is equal to its par value.
In this case, the stock was bought at 49 1/4, which is $49.25. Today, the stock is valued at 49 7/8, which is $50.625. This means that the stock has increased in value by $1.375, or 2.8%.
Therefore, The correct answer is C. Above par.
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Answer:
56/8 = 7 pieces of paper
Step-by-step explanation:
Answer:
56/7=7
Step-by-step explanation:
Welcome
First, we need to solve for the common ratio from the data given by using the equation.
a(n) = a(1) r^(n-1)
1417176 = 24 r^(6-1)
59049= r^5
r = 9
We can find the sum by the expression:
S(n) = a(1) ( 1 - r^n) / 1-r
where a(1) is the first term, r is the ratio and n is the number of terms.
S(9) = 24 (1 - 9^6) / 1-9
S(9) = 1594320
Answer:
1,594,320
Step-by-step explanation:
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