You buy 45 shares of Evu Confectioners at $63.12 apiece. Unfortunately, the company falls on hard times and you end up selling the stock for $41.20 per share. How much money did you lose?
a.
$1,854.00
b.
$986.40
c.
$1,183.68
d.
$2,840.40

Question

You buy 45 shares of Evu Confectioners at $63.12 apiece. Unfortunately, the company falls on hard times and you end up selling the stock for $41.20 per share. How much money did you lose?
a.
$1,854.00
b.
$986.40
c.
$1,183.68
d.
$2,840.40

ivettef365 · Answer

First find out how much you paid for the shares
you bought 45 at $63.12 what is that ?