Five years ago, Benjamin invested in Parchar Special Effects. He purchased four par value $1,000 bonds from Parchar
Special Effects at a market rate of 96.230. Each bond had an interest rate of 7.2%. Benjamin also purchased 200 shares of
stock in the same company, each of which cost $19.08 and had a yearly dividend of $2.04. Today, bonds from Parchar
Special Effects have a market rate of 104.595, and stock in Parchar Special Effects costs $22.62. If Benjamin liquidates his
portfolio and sells all of his investments, which aspect of his investment will have yielded him a greater total profit, and how
much greater is it?
a. The bonds yielded $940.20 more in profits than the stocks.
b. The bonds yielded $33.00 more in profits than the stocks.
c. The stocks yielded $373.20 more in profits than the bonds.
d. The stocks yielded $973.36 more in profits than the bonds.
Please select the best answer from the choices provided
ОА
OB
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