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Q1: You own 1000 shares of Newstar Financial? stock, currentlytrading for $56 per share. You are offered a deal where you canexchange these stocks for
Q1:
You own 1000 shares of Newstar Financial? stock, currentlytrading for $56 per share. You are offered a deal where you canexchange these stocks for 900 shares of Amback Financial Group?stock, currently trading at $61 per share. What is the value ofthis? trade, if you choose to make? it?
A. -$1,100
B. -1,140
C. $1,100
D.-1,120
Q2:
Q3:
Stella deposits $4,600 in a savings account at a bank that offers interest of 5% on such accounts. What is the value of the money in her savings account in one year's time? O A. $6,762 ? B. $4,830 OC. $230 O D. $4,381
Stella deposits $4,600 in a savings account at a bank that offers interest of 5% on such accounts. What is the value of the money in her savings account in one year's time? A. $6,762 B. $4.830 OC. $230 OD. $4.381
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