Buying and Selling Stock Answers

The share price of Grath Oil is currently $77.06. Several months ago, when the price was $51.21, Charles bought 186 shares of Grath Oil. If he sells all of his stock in Grath Oil today, how much profit will he make?a.$4,716.96b.$23,858.22c.$14,333.16d.$4,808.10

Cynthia’s broker charges her a commission of $88 for every $1000 of stock bought or sold. Cynthia bought 2,000 shares of Ombor Medical Supplies at $35.49 apiece. As the price rose and fell, she sold off part of her holdings. When the price rose to $48.57, she sold 600 shares. The price fell somewhat to $46.10, so she sold 1,150 of her shares. When the price climbed to $53.46, she sold off the remainder of her holdings. How much profit did Cynthia make in total?a.$9,889.82b.$24,542.00c.$16,312.06d.$74,799.58

Kristen owns 61 shares of Prince Waste Collection and 45 shares of Nar Heating/Cooling. Nar Heating/Cooling is worth $7.88 per share and Prince Waste Collection is worth $16.59 per share. If Kristen sells all of her stocks, how much money will she receive?a.$657.39b.$1,366.59c.$1,227.23d.$1,296.91

Consider today’s stock listings for Bukkia Hog Farms, shown below.52 wk High52 wk LowSymbolDiv.CloseNet Change212.45106.63BHF18.95140.268.85Today, Ken sold the 116 shares of Bukkia Hog Farms that he purchased yesterday. How much profit did Ken make?a.$1,171.60b.$2,198.20c.$3,901.08d.$1,026.60

Melanie purchased 621 shares of Animite Energy at $30.60 apiece. When the price hit $36.23 per share, Melanie sold her holdings in Animite Energy. Melanie’s broker charges $48 for each $1,000 of stock bought or sold. How much profit did Melanie make?a.$1,504.17b.$22,498.83c.$3,496.23d.$1,992.06

Stephen bought 85 shares of United Rotators at $6.34 each, 110 shares of Dowc Beverage Co. at $13.13 apiece, and 133 shares of Esti Transport at $7.10 each. If Stephen’s broker collects a commission of $12.50 for every ten shares bought or sold, how much did Stephen spend in total, to the nearest dollar?a.$2,972b.$3,338c.$6,688d.$2,438

Consider today’s stock listing for Dagofi Radar, shown below.52 wk High52 wk LowSymbolDiv.CloseNet Change162.2257.71DFR9.75130.58-2.64If the lowest price in the past year occurred 35 days ago, find the approximate average change per day since then.a.$2.08b.$2.64c.$0.90d.$2.99

Geoffrey buys 48 shares of Deegan Pharmaceuticals at $6.15 each, and his broker charges him a commission of $81. How much did Geoffrey pay for his stock?a.$376.20b.$295.20c.$450.30d.$219.60

Theo buys 116 shares of Raxin Accounting at $15.66 per share and 165 shares of Sanden Research Labs at $8.57 per share. If Theo’s broker charges a commission of $11.50 per ten shares bought or sold, how much does Theo pay in commission?a.$1,816.56b.$323.15c.$3,553.76d.$1,414.05

Examine today’s stock listing for Parchar Special Effects, shown below.52 wk High52 wk LowSymbolDiv.CloseNet Change160.4481.91PCR7.55114.36-4.89Based on this information, what was yesterday’s price for Parchar Special Effects?a.$114.36b.$109.47c.$106.81d.$119.25