Mathematics, 02.02.2020 17:03 justinc10
Last year, norvin purchased 42 shares of stock a at $50 per share, 124 shares of stock b at $25 per share, and a four-year $3500 bond with an 8.54% coupon for $5950. norvin sold both stocks today. stock a is worth $58 per share and stock b has a value of $29 per share. assuming neither stock paid a dividend, which investment has the highest rate of return? (4 points)
stock a
stock b
bond
stock a and stock b
and explain why!
Answers: 3
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