Solve the problem.Your favorite stock opened the day's trading at $46.47 per share. When trading closed for the day, your stock was priced at $38.50 per share. If you own 65 shares, what was your profit or loss that day?

A. A loss of $7.97
B. A profit of $7.97
C. A profit of $518.05
D. A loss of $518.05


Answer: D

Mathematics

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