Respuesta :
The stock should sell for today at $1.21.
What is stock?
Stock is term used in finance to describe the shares that make up a corporation or company's ownership. A single share of stock represents a portion of the corporation's ownership in relation to the total number of shares. This often entitles the shareholder (stockholder) to that portion of the business's revenues, proceeds from the sale of firm assets, or voting rights, often allocating these in proportion to the sum that each stockholder has invested. Not all stock is created equal. For instance, some classes of stock may be issued with improved voting rights, without voting rights, or with a specific priority to collect profits or proceeds from liquidation before or after other classes of shareholders.
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