Brenda has money invested in Esti Transport. She owns two par value $1,000 bonds issued by Esti Transport, which currently sells bonds at a market rate of 101. 345. She also owns 116 shares of Esti Transport stock, currently selling for $15. 22 per share. If, when Brenda made her initial investments, Esti Transport bonds had a market rate of 96. 562 and Esti Transport stock had a share price of $13. 40, which side of Brenda’s investment has gained a greater percent return, and how much greater is it? a. The bonds showed a return that was 4. 78 percentage points higher than that of the stocks. B. The bonds showed a return that was 4. 95 percentage points higher than that of the stocks. C. The stocks showed a return that was 8. 63 percentage points higher than that of the bonds. D. The stocks showed a return that was 3. 58 percentage points higher than that of the bonds.
