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    A Pension Fund Purchased 25 Round Lots of Baker Company
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A Pension Fund Purchased 25 Round Lots of Baker Company

Question 13

Question 13

Multiple Choice

A pension fund purchased 25 round lots of Baker Company stock at the closing price of the day yesterday.What was the cost of that purchase?


A) $7,810
B) $8,040
C) $201,000
D) $241,200
E) $256,800

Correct Answer:

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