Use the portion of the stock table shown below to answer the questions that follow. Round dollar amounts to the nearest cent, if necessary.
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If you purchased 225 shares of B1 stock at $43.75, what would the loss be if the shares were sold at the closing price indicated in the table.
a. $1,208.25
b. $3,393.00
c. $5.37
d. $580.50
e. $–945.00
a. $1,208.25
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