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Checked Other People's Money Carmen is cautious. She buys stocks using her own money. Stock price 34.90 Shares purchased 540 Time goes by. New stock

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Checked Other People's Money Carmen is cautious. She buys stocks using her own money. Stock price 34.90 Shares purchased 540 Time goes by. New stock price 42.80 Carmen closes her position. Please compute the dollars she has in her pocket. Andral is aggressive. She buys stocks using her own money, and even buys additional shares with other people's money (OPM) Here is her story Stock price Shares purchased with own money Shares purchased with OPNM nterest rate on OPM 34.90 540 540 16.3% Time goes by. New stock price 42.80 Andral closes her position (including her loan, with interest) Please compute the dollars she has in her pocket As compared to Camen, how many MORE dollars does Andral have? A Between 500 and 2,800 B Between 2,800 and 4,700 C Between 4,700 and 6,400 D Between 6,400 and 9,200

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