Nicholas Purchased 150 Shares of ABC Mutual Fund at $10

question 22

Multiple Choice

Nicholas purchased 150 shares of ABC Mutual Fund at $10.50 and sold them one year later at a price of $14.50. His total capital gain was

• A) $400
• B) $600
• C) $2,025
• D) $2,625
• E) $4,650

---

Definitions:

Groupthink

A psychological phenomenon where the desire for harmony in a decision-making group overrides a realistic appraisal of alternatives.

Ordering a Pizza

The act of requesting a pizza from a restaurant or food service, typically involving the selection of specific toppings, size, and delivery or pickup options.

Lessen Groupthink

The process of reducing the tendency of people in a group to conform to a prevailing point of view without critical reasoning or evaluation.

Cohesiveness of the Group

The strength of the bonds among group members and their commitment to staying together.