If Sergio bought 150 shares of stock at a price of 5/8 a game dollar per share. The game money that 150 shares cost is $93.75.
COST PRICE
Using this formula
Cost price=Number of shares÷Stock price
Where:
Number of shares=150 shares
Stock price =5/8 or 0.625
Let plug in the formula
Cost price=150 shares×0.625
Cost price=$93.75
Therefore the game money that 150 shares cost is $93.75.
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