Welcome to the article If ABC stock is quoted at 83 13 how much does the investor pay for 100 shares A 8 313 B 830 13 C 8. On this page, you will learn the essential and logical steps to better understand the topic being discussed. We hope the information provided helps you gain valuable insights and is easy to follow. Let’s begin the discussion!
Answer :
Final answer:
The investor will pay $8,313 for 100 shares of ABC stock quoted at $83.13 per share. The calculation is simply the price per share multiplied by the number of shares.
Explanation:
If ABC stock is quoted at $83.13, the cost to purchase 100 shares would be calculated by multiplying the price per share by the number of shares. Therefore, the calculation is $83.13 per share times 100 shares, which equals $8,313.
The correct answer to how much an investor pays for 100 shares of ABC stock quoted at $83.13 per share is option a) $8,313. When buying and selling stocks, it is important to consider the price per share and multiply it by the total number of shares to find out the total investment or return from selling the shares at the current market price.
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Rewritten by : Brahmana