Solve the problem by decution. Four friends Sheldon, Raj, Leonard and Howard decided to invest their 50,000 dollars savings in stocks. Each chooses a different stock. One chooses a blue chip stock, another a growth stock, the other chooses an income stock and another chooses a penny stock. From the following clues, determine who bought which stock. a. Sheldon and the owner of the blue chip stock purchased their shares through an online brokerage, while Raj and the owner of the growth stock did not. b. The gain in value of Leonard’s stocks is twice the gain in the value of the growth stock.
Solve the problem by decution.
Four friends Sheldon, Raj, Leonard and Howard decided to invest their 50,000 dollars savings in stocks. Each chooses a different stock. One chooses a blue chip stock, another a growth stock, the other chooses an income stock and another chooses a penny stock. From the following clues, determine who bought which stock.
a. Sheldon and the owner of the blue chip stock purchased their shares through an online brokerage, while Raj and the owner of the growth stock did not.
b. The gain in value of Leonard’s stocks is twice the gain in the value of the growth stock.
c. The income stock is traded on American Stock Exchange, whereas the stock that Raj bought is trades on the Chicago Stock Exchange
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