A man invests equal sums in 4% and 6% stocks and gets 3% of his money. If 4% stock is at par then the price of 6% stock is Options: A . &nbspabove par B . &nbspalso at par C . &nbspbelow par D . &nbspnone of these

A man invests equal sums in 4% and 6% stocks and gets 3% of his money. If 4%

Question

A man invests equal sums in 4% and 6% stocks and gets 3% of his money. If 4% stock is at par then the price of 6% stock is

Options:

A . above par

B . also at par

C . below par

D . none of these

Answer: Option A

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