You own 1 050 shares of Ausback Financial Group stock, currently trading for $56 per share. You are offered a deal where you can exchange these stocks for 925 shares of Newstar Energy stock, currently trading at $64 per share. What is the value of this trade, if you choose to make it?
A)-$480
B)-$400
C)$400
D)-$540

Question

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The Answer of You own 1 050 shares of Ausback Financial Group stock, currently trading for $56 per share. You are offered a deal where you can exchange these stocks for 925 shares of Newstar Energy stock, currently trading at $64 per share. What is the value of this trade, if you choose to make it?
A)-$480
B)-$400
C)$400
D)-$540

You Own 1 050 Shares of Ausback Financial Group Stock