The Table Below Shows Market Data for Two Stocks on Two

question 28

Multiple Choice

The table below shows market data for two stocks on two days.The two stocks are the components of a value weighted index like the S&P 500. Calculate the percentage change in the index over the two days. $$\begin{array} { | c | c | c | c | c | } \hline & \text { Stock 1 } & & \text { Stock 2 } & \\\hline \text { Date } & \text { Price } & \text { Shares Outstanding } & \text { Price } & \text { Shares Outstanding } \\\hline 1 & \$ 1 & 100 & \$ 2 & 150 \\\hline 2 & \$ 1.50 & 100 & \$ 2.20 & 150 \\\hline\end{array}$$

• A)10%
• B)20%
• C)30%
• D)40%
• E)50%

Understand the use and effect of promissory notes in transactions involving receivables.

Understand the basic components and functionalities within Microsoft Excel.

Familiarize with Excel's interface and basic operations such as entering data, selecting cells, and understanding the worksheet structure.

Gain knowledge on cell formatting including alignment, text, number formats, and applying styles.

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Definitions:

European Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an underlying asset at a set price on a specific expiration date, only exercisable at the end of its term.

Expiration Date

The specific date upon which an options or futures contract becomes void and the holder must execute or relinquish the contract.

Exercise Price

The specified price at which the holder of an option can buy (call) or sell (put) the underlying asset.

Stock Splits

A corporate action that increases the number of a company's outstanding shares by dividing each share, which typically reduces its share price but does not affect the company's overall market capitalization.