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InstructionMultiple Choice

Buying and Selling Stock

Question 1 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Yesterday, stock in Chambers Translation sold for $87.19 per share. Today, the same share costs $95.45. How would the net change appear in a stock listing?

Answer
A
1.09
B
-1.09
C
8.26
D
-8.26

Explanation

The net change is today’s price minus yesterday’s price: $95.45 − $87.19 = $8.26. Since the price increased, the change is positive, so the listing would show 8.26, choice C.

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