SAT, 13.11.2021 03:00 heavendl13
An investor buys 400 shares of stock in a fund when the net asset value is $19. 62 and the offer price is $19. 84. The investor sells these shares when the net asset value is $43. 19 and the offer price is $43. 56. Determine the amount of profit the investor earns. A. $9,576 b. $9,488 c. $9,428 d. $9,340.
Answers: 2
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An investor buys 400 shares of stock in a fund when the net asset value is $19. 62 and the offer pri...
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