Shine Bright on the STC S7 Greenlight 2 Test 2025 – Pass with Flying Colors!

Question: 1 / 400

What is the dollar value increase if 500 shares of stock selling at $15 increase by 2 1/2 points?

$1,000

$1,250

To find out the dollar value increase when shares of stock increase by a specific number of points, you'll need to know the number of shares and the point increase in dollar terms. In this case, the stock is selling at $15, and it’s increasing by 2 1/2 points.

A point in stock terms typically refers to a one-dollar increase in the price of the stock. Therefore, an increase of 2 1/2 points translates to an increase of $2.50 for each share.

To calculate the total increase, multiply the increase per share by the total number of shares:

1. Increase per share: $2.50

2. Number of shares: 500

Total increase = Increase per share x Number of shares = $2.50 x 500 = $1,250.

This means the total dollar value increase in this scenario is $1,250, confirming that this is indeed the correct answer. The other options do not reflect the correct multiplication calculation based on the point increase and the number of shares.

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$1,500

$1,750

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