Use the Table for the Question(s)below

question 14

Multiple Choice

Use the table for the question(s) below.
Consider the following two quotes for XYZ stock:
-How much would you have to pay to purchase 100 shares of XYZ stock on November 18th?

• A)$2520
• B)$2525
• C)$2593
• D)$2600

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Definitions:

Standard Transmission

A type of gearbox where gear changes are manually selected by the driver, commonly referred to as a manual transmission.

Rpm

Revolutions per minute, a unit of rotational speed that specifies the number of turns completed by an object around an axis in one minute.

Shift Limit

The maximum or minimum point to which a variable, such as gear, speed, or position, can be adjusted or altered in a system.

Shift Rail Bar

A component in manual transmissions that moves the gears into place when the driver changes gear.