Answer:
The correct answer is $10,125 and increase in wealth.
Explanation:
According to the scenario, the given data are as follows:
Total shares bought = 225 shares
Current stock price = $45
So, we can calculate Wilson's total wealth in Krit Corp. by using following method:
Total wealth = Total shares bought × Current stock price
= 225 × $45
= $10,125
Hence, the total wealth of Wilson is $10,125.
Wilson wealth will increase because if the company stock price increase Wilson's stock price also increase, which results in increase of wealth.
