Ashare of stock in the lofty cheese company is quoted at 25 1/4. suppose you hold 30 shares of that stock, which you bought at 20 1/4. if you sell your stock at 25 1/4, which one of the following statements would be true?
a. you'll make a profit of $15.
b. you'll suffer a loss of $150.
c. you'll make a profit of $150.
d. you'll suffer a loss of $15.