Question

A man sold 600($1) share for $750 at what price did the shares stand?at what premium or discount were they quoted?​

Answer 1

Answer:

1.750

2.150

Step-by-step explanation:

price (NV)=600

price at which originally sold (MV)=750

1. the shares stand for:-$750

2.premium:-

MV-NV=premium

750-600=150

therefore..... ans=150

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