Mathematics, 27.03.2020 00:44 organicmemez

Mike bought 8 shares of stock for $57.50
each, hoping that the value would
increase. When he sold the shares it
was only for $42.75 per share. Which
describes Mike’s net profits?
A. -$342
B. -$118
C. $118
D. $342

Answers: 3

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Mike bought 8 shares of stock for $57.50
each, hoping that the value would
increase. Whe...