Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Ask your questions and receive detailed answers from professionals with extensive experience in various fields. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.
Sagot :
Let's solve this problem step-by-step by breaking it down into parts.
### Information Given:
1. Stock A
- Number of shares purchased: 115
- Purchase price per share: [tex]$90 - Current day's high price: $[/tex]105.19
- Current day's low price: [tex]$103.25 2. Stock B - Number of shares purchased: 30 - Purchase price per share: $[/tex]145
- Current day's high price: [tex]$145.18 - Current day's low price: $[/tex]143.28
### Step-by-Step Solution:
#### Calculate gain/loss for Stock A
1. At the high price:
[tex]\[ (\text{high price} - \text{purchase price}) \times \text{number of shares} \][/tex]
[tex]\[ (105.19 - 90) \times 115 = 1746.85 \][/tex]
2. At the low price:
[tex]\[ (\text{low price} - \text{purchase price}) \times \text{number of shares} \][/tex]
[tex]\[ (103.25 - 90) \times 115 = 1523.75 \][/tex]
#### Calculate gain/loss for Stock B
1. At the high price:
[tex]\[ (\text{high price} - \text{purchase price}) \times \text{number of shares} \][/tex]
[tex]\[ (145.18 - 145) \times 30 = 5.40 \][/tex]
2. At the low price:
[tex]\[ (\text{low price} - \text{purchase price}) \times \text{number of shares} \][/tex]
[tex]\[ (143.28 - 145) \times 30 = -51.60 \][/tex]
#### Calculate total gain/loss
1. Total gain at high prices:
[tex]\[ = 1746.85 + 5.40 = 1752.25 \][/tex]
2. Total gain at low prices:
[tex]\[ = 1523.75 + (-51.60) = 1472.15 \][/tex]
#### Calculate the difference in total gain/loss:
[tex]\[ \text{Difference} = \left| 1752.25 - 1472.15 \right| = 280.10 \][/tex]
### Conclusion:
The difference is related to gain because the gain at the high prices (1752.25) is higher than the gain at the low prices (1472.15).
Thus, the answer is:
[tex]\[ \boxed{\text{The difference in overall gain is \$280.10}} \][/tex]
### Information Given:
1. Stock A
- Number of shares purchased: 115
- Purchase price per share: [tex]$90 - Current day's high price: $[/tex]105.19
- Current day's low price: [tex]$103.25 2. Stock B - Number of shares purchased: 30 - Purchase price per share: $[/tex]145
- Current day's high price: [tex]$145.18 - Current day's low price: $[/tex]143.28
### Step-by-Step Solution:
#### Calculate gain/loss for Stock A
1. At the high price:
[tex]\[ (\text{high price} - \text{purchase price}) \times \text{number of shares} \][/tex]
[tex]\[ (105.19 - 90) \times 115 = 1746.85 \][/tex]
2. At the low price:
[tex]\[ (\text{low price} - \text{purchase price}) \times \text{number of shares} \][/tex]
[tex]\[ (103.25 - 90) \times 115 = 1523.75 \][/tex]
#### Calculate gain/loss for Stock B
1. At the high price:
[tex]\[ (\text{high price} - \text{purchase price}) \times \text{number of shares} \][/tex]
[tex]\[ (145.18 - 145) \times 30 = 5.40 \][/tex]
2. At the low price:
[tex]\[ (\text{low price} - \text{purchase price}) \times \text{number of shares} \][/tex]
[tex]\[ (143.28 - 145) \times 30 = -51.60 \][/tex]
#### Calculate total gain/loss
1. Total gain at high prices:
[tex]\[ = 1746.85 + 5.40 = 1752.25 \][/tex]
2. Total gain at low prices:
[tex]\[ = 1523.75 + (-51.60) = 1472.15 \][/tex]
#### Calculate the difference in total gain/loss:
[tex]\[ \text{Difference} = \left| 1752.25 - 1472.15 \right| = 280.10 \][/tex]
### Conclusion:
The difference is related to gain because the gain at the high prices (1752.25) is higher than the gain at the low prices (1472.15).
Thus, the answer is:
[tex]\[ \boxed{\text{The difference in overall gain is \$280.10}} \][/tex]
We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.