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  1. Find the investment required to purchase $ 125000 of 8% stock at 92.
    1. $ 115000
    2. $ 120000
    3. $ 105000
    4. $ 125000
Correct Option: A

Given that :- purchase stock = $ 125000
Market value of $ 100 stock = $ 92
Market value of $ 1 stock

= $ 92
100

∴ Market value of $ 125000 stock = Market value of $ 1 stock x purchase stock
= $ 92x 125000 = $ 115000
100

∴ An investment of $ 115000 is required to purchase $ 125000 of 8% stock at 92.



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