Question
Alexis was glad to be one of the first stockholders when her friend Devon's business went public. She bought 1000 shares of stock at a
Alexis was glad to be one of the first stockholders when her friend Devon's business went public. She bought 1000 shares of stock at a price of $3 each. However, the firm hasn't done well. The stock price is now down to $0.50, and the firm's net worth is a negative $200,000.
If the firm goes under, the maximum amount Alexis would be out would be:
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
2nd Edition
0765625229, 9780765625229
