THE CORRECT ANSWER IS (A). FOR EACH INVESTMENT, CALCULATE THE DOLL...

11. The correct answer is (A). For each investment, calculate the dollar increase in value

(approximating percent gains in share price will suffice):

(A) The investment amount was $1500 (500 shares at $3 per share). The share

price increased by about 50%, for about a $750 gain.

(B) The investment amount was $500. The share price increased by about 100%,

for about a $500 gain.

(C) The investment amount was $1000. The share price decreased (by about 35%).

(D) The investment amount was $1100 (200 shares at $5.50 per share). The

share price increased by almost 50%, for nearly a $550 gain.

(E) The investment amount was $150. The share price increased by just under

400%, for nearly a $600 gain.