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Art purchased 2,500 shares of Delta stock. His purchase represents 10 percent ownership in the firm. His shares have increased in value from the $12 a share he originally paid to today's market value of $13 a share. Assume Delta goes bankrupt and owes $450,000 more in debts than the firm can pay after liquidating all of its assets. What is the maximum loss per share Art will incur on this investment?A) $0 a shareB) $12 a shareC) $12.50 a share, computed as ($12 + $13) / 2D) $13 a shareE) $18 share, computed as (10% × $450,000) / 2,500 shares
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