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(1a) You are wanting to do a trade on the market. Each stock trades costs $9.50. How much money do you need, so that you
(1a) You are wanting to do a trade on the market. Each stock trades costs $9.50. How much money do you need, so that you can buy 275 shares of DACC Inc. (DACC), which trades at $23.52?
A) $9.50
B) $2,612.50
C) $6,468.00
D) $6,477.50
E) 9080.50
(1b) If a stock trade costs $145, how much money would you receive after selling 350 shares of Wanda Vision (WAV), which is trading at $72.15?
A) $145.00
B) $25,107.50
C) $25,252.50
D) $25,397.50
E) $50,750.00
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