Consider today’s stock listing for Rayje Clothiers, shown below.52 wk High52 wk LowSymbolDiv.CloseNet Change225.80169.96RAJ25.10200.4313.74Today, you sold the 459 shares of Rayje Clothiers that you purchased yesterday. How much profit did you make?

The stock’s closing price today is $200.43, and it rose $13.74 today. So yesterday’s price was $200.43 − $13.74 = $186.69, making the profit $13.74 per share. For 459 shares, the total profit is 459 × $13.74 = $6,306.66, which is choice D.

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