A summary of two stocks is shown.
Name of Stock: Metroplis, Ltd Symbol: MTP Closing Price Day 1: $17.95 Closing Price Day 2: $18.73 Closing Price Day 3: $19.06
Name of Stock: Suburbia, Inc Symbol: SBR Closing Price Day 1: $5.63 Closing Price Day 2: $5.05 Closing Price Day 3: $5.41
Suppose you purchase 40 shares of Metropolis stock and 70 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?
a) Day 2 is the best by $29.00.
b) Day 3 is the best by $29.00.
c) Day 2 is the best by $9.40.
d) Day 3 is the best by $9.40.
