Use the Following Stock Quotes to Answer This Question

question 86

Multiple Choice

Use the following stock quotes to answer this question:

-A pension fund purchased 20 round lots of Chelsea Company stock at the closing price of the day yesterday.What was the cost of that purchase?

• A) $4,410
• B) $8,040
• C) $88,200
• D) $101,200
• E) $156,800

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Definitions:

Firearms

Weapons that launch one or more projectiles at high velocity through the confined burning of a propellant.

Inexpensive

Not costing a lot of money; affordable or cheap.

Sense of Power

The feeling or belief in one's ability to influence events, others, or the environment effectively.

Lunar Events

Phenomena that occur with or on the moon, including phases, eclipses, and other celestial occurrences involving the moon.