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If the total value of this issue was $50,000.00, what's the par value of each share?

User Yarek
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1 Answer

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1. $50,000. divided by 1000 shares = $50. per share
2. The market price is 49 1/4, or $49.25
3 . It is selling par.(Par =$50,selling$49.25)
4. 20 shares * $5. = $100.
5. You sell one share for 49 1/4 and your cost is 41 1/8 +1/8 =41 1/4
Your profit is $8. * 72 =$576. - $32.52 = $543.48

Total investment is 72 * 41 1/8 = $2961.
% of profit: 543.48/2961= x/100, so x = 18.354609%
User Lnu
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