Gregory bought 500 shares of stock at a price of $60 per share.He later sold his stock at a price of $56.What was his total return on his investment?
A) $2,000 loss
B) $60 loss
C) $4 gain
D) $2,000 gain
E) $26,500 gain
Correct Answer:
Verified
Q117: Claudia is a licensed individual who buys
Q118: Brenda purchases stock and never plans to
Q119: Avery is thinking about using the computer
Q121: Mary Sue owns 1,000 shares of QRS
Q123: Mary Jane owns 1,000 shares of TUV
Q123: Using the information given here, what is
Q124: Given the information shown here for NMOP
Q125: If you buy or sell with this
Q127: What are two characteristics of common stock?
Q142: Mike bought 200 shares of PDQ stock
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents