A share of stock in the Bree Medical Supply Company is quoted at 35 1/4?
me asked:
Suppose you hold 20 shares of that stock, which you bought at 31 1/2. If you sold your stock at 35 1/4, which of the following would be true?
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Suppose you hold 20 shares of that stock, which you bought at 31 1/2. If you sold your stock at 35 1/4, which of the following would be true?
A.You made a profit of $75.00.
B. You suffered a loss of $75.00.
C. You made a profit of $705.00.
D. You suffered a loss of $630.00.
February 6th, 2009 at 12:45 am
You make a profit of $75 less commissions and taxes.