The buzz tool company issued 1000shares of common stock. i the total value of this issue was $5.00, what is 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) 

In this problem it decreased 20%

So the first thing we do is to multiply the top equation by 3. the reason i want to do this is i notice there will be a 6y on both equations and can possibly add/subtract them. so we get 6y = -3x + 27. adding that and the second equation we get 6x = 27-15 which is 12. divide by 6 and we get 2. ∴ x = 2. substituting 2 into the first equation we get 2y = -2 + 9 which is 7. divide by 2 and we get 7/2. ∴ y = 7/2, x = 2.