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Solve the Problem. -Your Favorite Stock Opened the Day's Trading at $43.21 Per

Question 159

Multiple Choice

Solve the problem.
-Your favorite stock opened the day's trading at $43.21 per share. When trading closed for the day, your stock was priced at $35.50 per share. If you own 120 shares, what was your profit or loss that day?


A) A loss of $7.71
B) A loss of $925.20
C) A profit of $925.20
D) A profit of $7.71

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