Mathematics, 26.06.2019 14:20 ITSFreeBird
Much of ann’s investments are in cilla shipping. ten years ago, ann bought seven bonds issued by cilla shipping, each with a par value of $500. the bonds had a market rate of 95.626. ann also bought 125 shares of cilla shipping stock, which at the time sold for $28.00 per share. today, cilla shipping bonds have a market rate of 106.384, and cilla shipping stock sells for $30.65 per share. which of ann’s investments has increased in value more, and by how much? a. the value of ann’s bonds has increased by $45.28 more than the value of her stocks. b. the value of ann’s bonds has increased by $22.64 more than the value of her stocks. c. the value of ann’s stocks has increased by $107.81 more than the value of her bonds. d. the value of ann’s stocks has increased by $8.51 more than the value of her bonds.
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