Price and volume of shares traded of Salem Industries on four consecutive days are shown below. Monday Tuesday Wednesday Thursday $27 $26 $28 $30 100,000 80,000 70,000 110,000
Compute Salem's on balance volume at the end of Thursday's trading. Assume last Friday's closing price was $26.50.
A) 200,000
B) -40,000
C) 180,000
D) 360,000
Answer: A
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