Solve the Problem. -In 2001, Aaron Purchased 100 Shares of a Pharmaceutical Company's

question 80

Multiple Choice

Solve the problem.
-In 2001, Aaron purchased 100 shares of a pharmaceutical company's stock for a price of $2.30. In 2002, Aaron sold all 100 shares for a price of $6.70. What was Aaron's total gain or loss for this transaction?

• A)gain of $44
• B)loss of $440
• C)loss of $44
• D)gain of $440