Suppose you own 10 stocks of Nike. If the price of Nike stock drops by $5, then how much money have you lost? Please help

asked Dec 27, 2022 198k views

17 votes

Suppose you own 10 stocks of Nike. If the price of Nike stock drops by $5, then how much money have you lost?

Please help

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4 votes

Answer:

Explanation:

Eterps answered Dec 29, 2022

4.1k points

4 votes

Answer:

50$

Explanation:

5x10 is 50 because you have 10 shares and each drops by 5 dollars, you would loose 50$

Angeant answered Dec 31, 2022

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