Multiple Choice
Solve the problem.
-Your favorite stock opened the day's trading at $40.34 per share. When trading closed for the day, your stock was priced at $35.69 per share. If you own 110 shares, what was your profit or loss that day?
A) A profit of $511.50
B) A profit of $4.65
C) A loss of $4.65
D) A loss of $511.50
Correct Answer:
Verified
Correct Answer:
Verified
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