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. Below parB. Par equalityC. On parD. Above par

The best answer to the question that is being presented above would be letter D above par. The stock is performing at above par because there is an increase in the value of the stock by twenty nine percent (29%).