A summary of two stocks is shown.
Name of Stock: Metroplis, Ltd Symbol: MTP Closing Price Day 1: $17.95 Closing Price Day 2: $18.25 Closing Price Day 3: $18.28
Name of Stock: Suburbia, Inc Symbol: SBR Closing Price Day 1: $5.63 Closing Price Day 2: $4.98 Closing Price Day 3: $5.25
Suppose you purchase 65 shares of Metropolis stock and 50 shares of Suburbia stock on day 1 at the closing price. Which day, during the following two days, would be the best to sell both stocks, and by how much?
a) Day 2 is the best by $13.00.
b) Day 3 is the best by $13.00.
c) Day 2 is the best by $2.45.
d) Day 3 is the best by $2.45.
