10
lesson pretestMultiple Choice

Pretest

Question 10 • Mathematics for Data and Financial Literacy

Shayaan owns 50 shares of Stock A, bought at $⁢70 per share, and 90 shares of Stock B, bought at $⁢60 per share. Stock A has appreciated to $⁢75 per share, while Stock B has depreciated to $⁢55 per share. What are the initial and current values of Shayaan's portfolio?

Answer
A
initial: 9 dollars comma 000; current: 9 dollars comma 100
B
initial: 8 dollars comma 900; current: 8 dollars comma 750
C
initial: 8 dollars comma 900; current: 8 dollars comma 700
D
initial: 8 dollars comma 800; current: 8 dollars comma 700