Gregory Bought 500 Shares of Stock at a Price of $60

question 119

Multiple Choice

Gregory bought 500 shares of stock at a price of $60 per share. He later sold his stock at a price of $56. What was his total return on his investment?

• A) $2,000 capital loss
• B) $60 capital loss
• C) $4 capital gain
• D) $2,000 capital gain
• E) $26,500 capital gain

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Definitions:

Interdependence

A mutual reliance between two or more groups or people, where each is dependent on the others for certain needs or outcomes.

Mental Health

Narrowly, the absence of disorder. In a broader view, the presence of optimal social, emotional, and cognitive functioning—also known as wellness.

General Risk Factors

Conditions or variables associated with an increased likelihood of developing a disorder, illness, or other negative outcomes.

Vulnerable

Capable of being physically or emotionally wounded or open to attack or damage.