Which is the better investment: an 11% stock at 143 or a 9% stock at 117?
A. 11% stock at 143
B. 9 3/4% stock at 117
C. Both are equally good
D. Cannot be compared, as the total amount of investment is not given.
Answer:B
Which is the better investment: an 11% stock at 143 or a 9% stock at 117?
A. 11% stock at 143 B. 9 3/4% stock at 117 C. Both are equally good D. Cannot be compared, as the total amount of investment is not given.