Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

When investing, if you let someone else use your money you expect to be paid what? O A. Equity B. Interest C. Capital gains D.

image text in transcribed

When investing, if you let someone else use your money you expect to be paid what? O A. Equity B. Interest C. Capital gains D. Liquidity QUESTION 2 When you buy a share of stock, how can you make a profit? A. From interest payments B. From fee payments C. If the stock price increases and you sell the stock at a price that is more than what you paid for it. D. all of the above QUESTION 3 Suppose I buy 10 shares of Lowes for $169.52 a share. I sell them one week later for $171.55. What is my total profit or loss? O A. $1.95 B. $2.03 O C. $20.30 D. $203.00 QUESTION 4 Suppose I buy 10 shares of Lowes for $179.52 a share. I sell them one week later for $171.55. What is my total profit or loss? A. $7.97 B. -$7.97 O C. -$79.70 OD. -$797.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Foundations Of Personal Finance

Authors: Sally R. Campbell, Robert L. Dansby

9th Edition

1619603578, 9781619603578

More Books

Students also viewed these Finance questions

Question

Describe how and why clinicians classify psychological disorders.

Answered: 1 week ago