Answer:
$37.50
Step-by-step explanation:
Carl bought some stock at = $25.00 per share.
The stock increased to \(1\frac{1}{2}\) times its value.
\(1\frac{1}{2}\) times or \(\frac{3}{2}\) times = 1.5 times
So we will multiply the value with 1.5 times
Now the value of stock per share = 25.00 × 1.5
= $37.50
The new value of the stock per share is $37.50
