Writing for Business

Feb 18 2009   5:43PM GMT

Sums under a dollar — spell out?

Ivy Wigmore Ivy Wigmore Profile: Ivy Wigmore

typing Which is correct?
The stock fell ______ to $45.50 in New York Stock Exchange composite trading.
a. $0.75
b. 75 cents

Answer: b

Explanation: If a sum is less than a dollar, express it as x cents. Use a dollar sign and all numerals if the amount is a dollar or more.

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