You Own Stock Worth an Estimated $1 Million in the LPL

Multiple Choice

You own stock worth an estimated $1 million in the LPL corporation.In addition, you have personal assets worth another $2 million.LPL becomes insolvent, with debts exceeding assets by $15 million.Your personal wealth will decline by

A) $0
B) $1 million
C) $1.5 million
D) $3 million
E) your proportion of the total outstanding stock shares times $15 million