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20 December, 13:49

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

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  1. 20 December, 14:10
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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%
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