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Jose owns 40 shares of stock A whose price increased by $0.75 per share. He also owns 100 shares of stock B whose price decreased by $0.20 per share. What is the total change in the value of Paul’s stock
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Jose owns 40 shares of stock A whose price increased by $0.75 per share. He also owns 100 shares of stock B whose price decreased by $0.20 per share. What is the total change in the value of Paul’s stock (A and B together)?

PLEASE HELP!

User Raky
by
6.3k points

2 Answers

3 votes
it will increase the current value.
User Jbcurtin
by
6.2k points
2 votes
40*$0.75 +100*(-$0.20) = $30 -20 = $10

Paul's portfolio increased in value by $10.
User Phong
by
5.8k points
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