Multiple Choice
You own 1000 shares of Newstar Financial stock,currently trading for $57 per share.You are offered a deal where you can exchange these stocks for 900 shares of Amback Financial Group stock,currently trading at $63 per share.What is the value of this trade,if you choose to make it?
A) -$540
B) -$480
C) -$300
D) $280
E) $600
Correct Answer:
Verified
Correct Answer:
Verified
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