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English 7 Online
TheJag18:

(Diversifying Portfolios MC) A summary of two stocks is shown. Name of Stock Symbol Closing Price Day 1 Closing Price Day 2 Closing Price Day 3 Unix Co UNX 8.15 8.78 8.06 Cubix Inc CBX 15.65 16.92 14.35 Suppose you purchase 65 shares of Unix stock and 50 shares of Cubix stock on Day 1 at the closing price. Which day, during the following two days, would be best to sell both stocks on, and by how much? Day 2 is the best by $104.45. Day 3 is the best by $104.45. Day 2 is the best by $70.85. Day 3 is the best by $70.85.

hannahj:

A. Day 2 is the best by $104.45

TheJag18:

Thayes, that right?

Thayes:

Yea

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