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Author Question: You own 1000 shares of Newstar Financial stock, currently trading for $57 per share. You are offered ... (Read 96 times)

Themember4

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You own 1000 shares of Newstar Financial stock, currently trading for $57 per share. You are offered a deal where you can exchange these stocks for 900 shares of Amback Financial Group stock, currently trading at $63 per share. What is the value of this trade, if you choose to make it?
◦ -$300
◦ -$480
◦ -$540
◦ $280


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Marked as best answer by Themember4 on Jul 9, 2019

Ashley I

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