(Diversifying Portfolios MC)

A summary of two stocks is shown.

52W high 52W low Name of Stock Symbol High Low Close
37.18 29.39 Zycodec ZYO 39.06 32.73 34.95
11.76 7.89 Unix Co UNX 16.12 12.11 15.78

Last year, a stockholder purchased 40 shares of Zycodec at its lowest price of the year and purchased 95 shares of Unix at its highest price of the year. If the stockholder sold all shares of both stocks at their respective closing price, what was the overall gain or loss?
The overall loss is $604.30.
The overall gain is $604.30.
The overall loss is $660.35.
The overall gain is $660.35.

Question

(Diversifying Portfolios MC)

A summary of two stocks is shown.

52W high	52W low	Name of Stock	Symbol	High	Low	Close
37.18	29.39	Zycodec	ZYO	39.06	32.73	34.95
11.76	7.89	Unix Co	UNX	16.12	12.11	15.78

Last year, a stockholder purchased 40 shares of Zycodec at its lowest price of the year and purchased 95 shares of Unix at its highest price of the year. If the stockholder sold all shares of both stocks at their respective closing price, what was the overall gain or loss?
 The overall loss is $604.30.
 The overall gain is $604.30.
 The overall loss is $660.35.
 The overall gain is $660.35.

hannahj · Answer

overall gain is 604.30

Thayes · Answer

The overall loss is $660.35

TheJag18 · Answer

sorry hannah bu ti trust thayes most. shes gotten me 100%

hannahj · Answer

@thejag18 wrote:

sorry hannah bu ti trust thayes most. shes gotten me 100%

its all good :)