How much would it cost to purchase a round lot (the smallest number you can get and still be a round lot)of Stock A at the closing price for the day?

Question

Quizplus · Accepted Answer

To find the answer, we need to know the closing price of Stock A. Unfortunately, the given image or data is missing. Therefore, we cannot determine the precise number of shares for a round lot. However, we can use an approximate value for the closing price to solve the problem. 
For example, if we assume the closing price for Stock A is $195 per share, then a round lot would be 10 shares (the usual size of a round lot for stocks), and the total cost would be 10 x $195 = $1,950. 
Thus, the best choice is B.

How Much Would It Cost to Purchase a Round Lot