Question

If you buy 100 shares of ABC stock at $5 per share, your total investment is _____?

a) $100
b) $500
c) $50
d) $1000

Answer 1

To calculate the total investment for buying 100 shares of stock at $5 per share, you multiply the number of shares by the price per share, which results in a total of $500. So, the correct option is b) $500

Step-by-step explanation:

If you buy 100 shares of ABC stock at $5 per share, your total investment is calculated by multiplying the number of shares by the price per share.

So, 100 shares multiplied by $5 per share equals $500.

Your total investment would be:

100 shares x $5/share = $500

Therefore, the correct answer is b) $500.