Answer :
To determine the overall gain or loss from these transactions, we need to follow a series of steps:
### Stock Purchase Costs
1. Calculate the cost of purchasing Zycodec shares at its lowest price:
- Zycodec's lowest price of the year: \[tex]$29.39 - Number of Zycodec shares purchased: 40 - Zycodec purchase cost: \( 40 \text{ shares} \times \$[/tex]29.39 \text{ per share} = \[tex]$1175.60 \) 2. Calculate the cost of purchasing Unix shares at its highest price: - Unix's highest price of the year: \$[/tex]16.12
- Number of Unix shares purchased: 95
- Unix purchase cost: [tex]\( 95 \text{ shares} \times \$16.12 \text{ per share} = \$1531.40 \)[/tex]
3. Calculate the total purchase cost:
- Total purchase cost: [tex]\( \$1175.60 + \$1531.40 = \$2707.00 \)[/tex]
### Stock Sales Income
4. Calculate the income from selling Zycodec shares at its closing price:
- Zycodec's closing price: \[tex]$34.95 - Number of Zycodec shares sold: 40 - Zycodec selling income: \( 40 \text{ shares} \times \$[/tex]34.95 \text{ per share} = \[tex]$1398.00 \) 5. Calculate the income from selling Unix shares at its closing price: - Unix's closing price: \$[/tex]15.78
- Number of Unix shares sold: 95
- Unix selling income: [tex]\( 95 \text{ shares} \times \$15.78 \text{ per share} = \$1499.10 \)[/tex]
6. Calculate the total income from selling both stocks:
- Total selling income: [tex]\( \$1398.00 + \$1499.10 = \$2897.10 \)[/tex]
### Overall Gain or Loss
7. Calculate the overall gain or loss:
- Overall gain/loss: [tex]\( \text{Total income} - \text{Total purchase cost} \)[/tex]
- Overall gain/loss: [tex]\( \$2897.10 - \$2707.00 = \$190.10 \)[/tex]
### Conclusion
Since the result is positive, the stockholder made an overall gain of \[tex]$190.10. Thus, the correct answer is none of the provided options. The overall gain is \$[/tex]190.10.
### Stock Purchase Costs
1. Calculate the cost of purchasing Zycodec shares at its lowest price:
- Zycodec's lowest price of the year: \[tex]$29.39 - Number of Zycodec shares purchased: 40 - Zycodec purchase cost: \( 40 \text{ shares} \times \$[/tex]29.39 \text{ per share} = \[tex]$1175.60 \) 2. Calculate the cost of purchasing Unix shares at its highest price: - Unix's highest price of the year: \$[/tex]16.12
- Number of Unix shares purchased: 95
- Unix purchase cost: [tex]\( 95 \text{ shares} \times \$16.12 \text{ per share} = \$1531.40 \)[/tex]
3. Calculate the total purchase cost:
- Total purchase cost: [tex]\( \$1175.60 + \$1531.40 = \$2707.00 \)[/tex]
### Stock Sales Income
4. Calculate the income from selling Zycodec shares at its closing price:
- Zycodec's closing price: \[tex]$34.95 - Number of Zycodec shares sold: 40 - Zycodec selling income: \( 40 \text{ shares} \times \$[/tex]34.95 \text{ per share} = \[tex]$1398.00 \) 5. Calculate the income from selling Unix shares at its closing price: - Unix's closing price: \$[/tex]15.78
- Number of Unix shares sold: 95
- Unix selling income: [tex]\( 95 \text{ shares} \times \$15.78 \text{ per share} = \$1499.10 \)[/tex]
6. Calculate the total income from selling both stocks:
- Total selling income: [tex]\( \$1398.00 + \$1499.10 = \$2897.10 \)[/tex]
### Overall Gain or Loss
7. Calculate the overall gain or loss:
- Overall gain/loss: [tex]\( \text{Total income} - \text{Total purchase cost} \)[/tex]
- Overall gain/loss: [tex]\( \$2897.10 - \$2707.00 = \$190.10 \)[/tex]
### Conclusion
Since the result is positive, the stockholder made an overall gain of \[tex]$190.10. Thus, the correct answer is none of the provided options. The overall gain is \$[/tex]190.10.