-
Vincen
- Legendary Member
- Posts: 2898
- Joined: Thu Sep 07, 2017 2:49 pm
- Thanked: 6 times
- Followed by:5 members
Timer
00:00
Your Answer
A
B
C
D
E
Global Stats
If the total price of \(n\) equally priced shares of a certain stock was \(\$12,000,\) what was the price per share of the stock?
(1) If the price per share of the stock had been \(\$1\) more, the total price of the \(n\) shares would have been \(\$300\) more.
(2) If the price per share of the stock had been \(\$2\) less, the total price of the \(n\) shares would have been \(5\) percent less.
Answer: D
Source: Official Guide
(1) If the price per share of the stock had been \(\$1\) more, the total price of the \(n\) shares would have been \(\$300\) more.
(2) If the price per share of the stock had been \(\$2\) less, the total price of the \(n\) shares would have been \(5\) percent less.
Answer: D
Source: Official Guide
