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    Mathematics
  3. Study Set
    Financial Algebra Advanced
  4. Exam
    Exam 8: The Stock Market
  5. Question
    Leon Purchased 8,500 Shares of Stock at a Price of $11.45
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Leon Purchased 8,500 Shares of Stock at a Price of $11.45

Question 14

Question 14

True/False

Leon purchased 8,500 shares of stock at a price of $11.45 a share.He sold the stock 6 years later at a price of $19.78 per share.His capital gain is about 58%.

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