If the total value of this issue was $50,000.00, what's the par value of each share?

1. $50,000. divided by 1000 shares = $50. per share

2. The market price is 49 1/4, or $49.25

3. It is selling par. (Par = $50, selling$49.25)

4. 20 shares * $5. = $100.

5. You sell one share for 49 1/4 and your cost is 41 1/8 + 1/8 = 41 1/4

Your profit is $8. * 72 = $576. - $32.52 = $543.48

Total investment is 72 * 41 1/8 = $2961.

% of profit: 543.48/2961 = x/100, so x = 18.354609%