You own 500 shares of Great, Inc., stock. It is currently priced at $50. You are going on vacation and you realize that the company will be reporting earnings while you are away. To protect yourself against a rapid drop in the price, you place a stop-limit order to sell 500 shares at $40. It turns out the earnings report was not so good and the stock price fell to $30 right after the announcement. It did, however, bounce back, and by the end of the day it was back to $42. What happened in your account

Reduced by $4000

Explanation:

Your account will be reduced by $4000 this is how it will happen

You sell at $40 and again bought it back at $40

And at the end of the day, it was back to $42

You will lose value as it was $50 before and $42 at the end of the day

Difference = $50 - $42 = $8

loss = $8 x 500 = $4,000

NOTE: However number of shares remain same.

i would have to say its c

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%