Three weeks ago John bought stock at 49 1/4; today the stock is valued at 49 7/8. We could say the stock is performing at which of the following?

A. On par

B. Par equality

C. Above par

D. Below par

Rate at which John bought the stock 3 weeks ago = 49 1/4

= 197/4

Rate at which John sold the stock today = 49 7/8

= 399/8

Amount of loss or gain made by John = (399/8) - (197/4)

= (399 - 394) / 8

= 5/8

So, we can say that the stock performed a bit above par. the correct option is option "C".