Last year, Shelly purchased 63 shares of Stock A at $30 per share, 42 shares of Stock B at $39 per share, and a five-year $6500 bond with a 7.56% coupon for $6150. Shelly sold both stocks today. Stock A is worth $34 per share and Stock B has a value of $43.50 per share. Assuming neither stock paid a dividend, which investment has the highest rate of return
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OpenStudy (alienium):
seems like Shelly has debts to pay :p
OpenStudy (anonymous):
Lol.
OpenStudy (anonymous):
63 x 30 = ?
42 x 39 = ?
OpenStudy (anonymous):
Then:
OpenStudy (anonymous):
63 x 34 = ?
42 x 43.50 = ?
Then subtract differences and bam. Biggest one = answer.
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OpenStudy (anonymous):
Lol. Since I am a human calculator I'll help you start out.
OpenStudy (anonymous):
63 x 30 = 1890
42 x 39 = 1638
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63 x 34 = 2142
42 x 43.50 = 1827
OpenStudy (anonymous):
*smacks face *
OpenStudy (anonymous):
Lol, what?
OpenStudy (alienium):
you still discussing on this :O
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OpenStudy (anonymous):
Shelly made profit Alienium, she had no debt. Lol.