Monday Morning, Michael Bought 700 Shares of a Stock at $18

Multiple Choice

Monday morning, Michael bought 700 shares of a stock at $18 per share. During that work week, the stock went up $1 per share on one day and dropped $5 per share on each of the other four days. Determine the value of the 700 shares by closing time on Friday.

A) $699
B) $25,900
C) $-687
D) $-700