Big Hat must have closed at _________ per share on the previous trading day.

Question

Quizplus · Accepted Answer

The question provides no other context to determine the answer, so it is best to eliminate any options that are too high or too low based on the current market conditions. Option C is the highest, so it is eliminated. Option A is low and unlikely, so it is eliminated. Option E is higher than Option D, so if Option D is eliminated, Option E must be as well. Therefore, the best choice is Option B, which is a plausible price for a stock to close at.

Big Hat Must Have Closed at _________ Per Share on the Previous