Question

.
11. You own 100 shares of Stock A and 30 shares of
Stock B. On Monday, Stock A decreased by $.40 per
share, and Stock B increased by $.25 per share. What
was the total change in value of your shares?
A - $32.50
© - $.15
B$-21.20
D $12

Answer 1

Answer:

"A - $32.50"

Step-by-step explanation:

So, 0.40 per share for 100 shares is:

Decrease of 0.40 * 100 = $40

Also, 0.25 per share for 30 shares is:

Increase of 0.25 * 30 = $7.5

So, decreased by 40 and increased by 7.5 means Total Decrease of 40 - 7.5 = $32.5

Answer choice A is right.