C. -$1,000
Value of this trade = (-$60 × 1,100) + (1,000 × 65)
Value of this trade = -$1,000
ID: 3.2-18 You are offered a deal where you can You own 1100 shares of Newstar...
Q1: You own 1000 shares of Newstar Financial? stock, currently trading for $56 per share. You are offered a deal where you can exchange these stocks for 900 shares of Amback Financial Group? stock, currently trading at $61 per share. What is the value of this? trade, if you choose to make? it? A. -$1,100 B. -1,140 C. $1,100 D.-1,120 Q2: Q3: Stella deposits $4,600 in a savings account at a bank that offers interest of 5% on such accounts....
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