Use the Following Stock Quotes to Answer This Question

question 15

Multiple Choice

Use the following stock quotes to answer this question:

-Vivian purchased 700 shares of Aldridge,Inc.stock at what turns out to be the lowest price during the past year.How much has the value of her shares changed since she made this investment?

• A) -$4,970
• B) $60
• C) $1,950
• D) $420
• E) $5,390

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Definitions:

Continuing Operations

The segments of a business expected to continue operating and providing net income for the foreseeable future.

Maturity Date

The date on which the principal amount of a loan, bond, or other financial instrument becomes due and payable.

Market Rate

The prevailing interest rate available in the marketplace for instruments of similar risk and maturity or the current price of a market-traded security.

Covenants

Agreements or clauses within financial contracts that impose certain conditions or restrictions on the parties involved.