Jo Bower Purchased 150 Shares of Stock for $24 a Share

question 38

Multiple Choice

Jo Bower purchased 150 shares of stock for $24 a share and sold it for $30 a share. The commissions required to buy and sell her stock totaled $120. Assuming she received no dividends during the time she owned the stock, what is her total return on this investment?

• A) $600
• B) $780
• C) $900
• D) $2,400
• E) $3,000

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Definitions:

Women Participation

The involvement or engagement of women in various activities, including but not limited to employment, politics, and education.

Self-Fulfilling Prophecy

Someone’s high expectations for another person result in high performance.

Discrimination

Unfair or prejudicial treatment of people based on characteristics such as race, age, sex, or disability.

A Class Divided

An educational experiment conducted by teacher Jane Elliott to teach her class about discrimination, which involved separating students by eye color to demonstrate the effects of prejudice and racism.