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You own 1,000 shares of XYZ Corp that are priced at $57 per share and then you trade them for 900 shares of ABC stock
You own 1,000 shares of XYZ Corp that are priced at $57 per share and then you trade them for 900 shares of ABC stock that currently trade at $63 per share. What was the net financial impact of this transaction for you? O you lost $300 O you made $480 O you made $600 O you lost $540 O you made $280
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