alleryStart learning →A raider buys 4 million shares at 35.50 and sells them back at 52. Gain is
A33 million
B49.5 million
C66 million
D82.5 million
Answer & Solution
Correct answer: C. 66 million
The gain per share is 52 minus 35.50 = 16.50, and 16.50 times 4 million is 66 million.
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