Question

Jen bought 10,000 shares of a stock valued at $32.83 per share. How much did Jen pay in total?

Answer 1

Explanation:

To find out how much Jen paid in total for 10,000 shares of the stock valued at $32.83 per share, you can simply multiply the number of shares by the price per share:

Total Cost = Number of Shares × Price Per Share

Total Cost = 10,000 shares × $32.83 per share

Now, calculate this:

Total Cost = $328,300

So, Jen paid a total of $328,300 for 10,000 shares of the stock.