Question

10 weeks ago Jerry bought stock at 21 and a half today the stock is valued at 20 and 3/8 we can say the stock is performing at which of the following

Answer 1

Par value means that the stock is quoted at the face or principal value.

If Jerry bought the stock at the face value, it means that the stock is now below its face value, and that is said that the stock is below par.

Therefore, the answer is below par.



Answer: below par.