How Much Would It Cost to Purchase a Round Lot

question 175

Multiple Choice

How much would it cost to purchase a round lot (the smallest number you can get and still be a round lot) of Stock A at the closing price for the day?

• A) $ 790
• B) $ 1,950
• C) $ 2,960
• D) $19,500
• E) $29,600

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Definitions:

Greatest Good

A principle aimed at achieving the maximum positive outcome or benefit for the largest number of people.

Accounting Fraud

Deliberate manipulation or falsification of financial records and statements to create a false appearance of a company's financial health.

Chief Operating Officer

A senior executive tasked with overseeing the day-to-day administrative and operational functions of a company.

Business Ethics

The principles and standards that guide behavior in the world of business, ensuring fairness, transparency, and integrity in dealings.