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Use the Figure for the Question(s) Below -How Much Money Would a Stock Exchange Make from Buying

Question 49

Multiple Choice

Use the figure for the question(s) below.
 STRIDER  Last Trade: 421.00 Day’s Range: 420.75434.00 Trade Time: 11:35 AM ET  52wk Range: 354.00592.00 Change: 12.00(2.77%)  Volume: 28,201,756 Prev Close: 433.00 Avg Vol (3m) : 48,885,800 Open: 427.00 Market Cap:  N/A  Bid: 420.75 P/E (ttm) :  N/A  Ask: 421.25 EPS (ttm) :  N/A  1y Target Est:  N/A  Div & Yield:  N/A (N/A)  \begin{array}{l}\text { STRIDER }\\\begin{array} { l r l r } \hline \text { Last Trade: } & 421.00 & \text { Day's Range: } & 420.75 - 434.00 \\\text { Trade Time: } & 11 : 35 \text { AM ET } & \text { 52wk Range: } & 354.00 - 592.00 \\\text { Change: } & \downarrow 12.00 ( 2.77 \% ) & \text { Volume: } & 28,201,756 \\\text { Prev Close: } & 433.00 & \text { Avg Vol (3m) : } & 48,885,800 \\\text { Open: } & 427.00 & \text { Market Cap: } & \text { N/A } \\\text { Bid: } & 420.75 & \text { P/E (ttm) : } & \text { N/A } \\\text { Ask: } & 421.25 & \text { EPS (ttm) : } & \text { N/A } \\\text { 1y Target Est: } & \text { N/A } & \text { Div \& Yield: } & \text { N/A (N/A) } \\\hline\end{array}\end{array}
-How much money would a stock exchange make from buying and selling 500 shares of Strider under the conditions shown above?


A) $210,375
B) $250
C) $5875
D) $3000

Correct Answer:

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