Use the table for the question(s)below.
Consider the following two quotes for XYZ stock:
-How much would you have to pay to purchase 100 shares of XYZ stock on November 18th?
A)$2520
B)$2525
C)$2593
D)$2600

Question

Use the table for the question(s)below.
Consider the following two quotes for XYZ stock: 
-How much would you have to pay to purchase 100 shares of XYZ stock on November 18th?
A)$2520 
B)$2525 
C)$2593 
D)$2600

Quizplus · Accepted Answer

According to the table, the closing price of XYZ stock on November 18th is $26. Therefore, to purchase 100 shares, you would need to pay 100*$26 = $2600, which is option D.

Use the Table for the Question(s)below