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In Late November of 2010, a Share of Microsoft Sold

Question 59

Multiple Choice

In late November of 2010, a share of Microsoft sold for about $25 and a share of McDonald's sold for about $80. In late June of 2011, Microsoft shares were about $26 and McDonald's shares were about $85. If these two companies were the only choices available, what is your economic profit if you invest $400 in Microsoft?


A) -$25
B) -$9
C) $9
D) $16

Correct Answer:

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