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Conrado bought 100 shares of a stock for P50,840.00. A year later, he sold the stock for P490.20 a share and paid the broker 11/2% commission. Considering that he could have placed the P50,840.00 in a time deposit that pays 3% interest a year, was choosing to invest in stocks the better decision? Select one: O a. Yes b. No C. Both options are equally good. O d. No answer e. Cannot be determined

Conrado bought 100 shares of a stock for P50,840.00. A year later, he sold the stock for P490.20 a share and paid the broker 11/2% commission. Considering that he could have placed the P50,840.00 in a time deposit that pays 3% interest a year, was choosing to invest in stocks the better decision? Select one: O a. Yes b. No C. Both options are equally good. O d. No answer e. Cannot be determined

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Conrado bought 100 shares of a stock for P50,840.00. A year later, he sold the stock for P490.20 a share and paid the broker 11/2% commission. Considering that he could have placed the P50,840.00 in a time deposit that pays 3% interest a year, was choosing to invest in stocks the better decision? Select one: O a. Yes b. No C. Both options are equally good. O d. No answer O e. Cannot be determined
Transcribed Image Text:Conrado bought 100 shares of a stock for P50,840.00. A year later, he sold the stock for P490.20 a share and paid the broker 11/2% commission. Considering that he could have placed the P50,840.00 in a time deposit that pays 3% interest a year, was choosing to invest in stocks the better decision? Select one: O a. Yes b. No C. Both options are equally good. O d. No answer O e. Cannot be determined
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