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)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “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 ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A triangle has a base of 54 cm the height is unknown complete the equation that can be used to find the area of the triangle given any height H
Answers (1)
Write the numbers in order from least to greatest. 5/1000,0.003,9/1000
Answers (1)
Serenity wanted to make a lot of bows that she could sell. She had 6 1/4 yards of ribbon. Each bow takes 3/4 yard to make. How many bows could she make? How much extra fabric was left?
Answers (1)
The solution to the equation 18x^2-24x+87=0 is
Answers (1)
Use the circle graph shown to answer the question 42% of people said Football was their favorite 25% of people said Soccer was their favorite 33% of people said Baseball was their favorite If 210 people said football was their favorite sport to
Answers (1)
New Questions in Mathematics
The median of a set of three numbers is x. there at least three numbers in the set. Write an algebraic expression, in terms of x, to represent the median of the new set of numbers obtained by a. adding 1/8 to every number in the set b.
Answers (1)
Does 9/15 terminate or repeat?
Answers (2)
Sara owns an exotic pet store. She wants to make sure she has more than a pound of food for every 15 lizards she has in the store. If she currently has 4.
Answers (1)
Select the correct answer. Raymond wants to increase the size of his fenced yard for the dog he plans to adopt next month. He wants the area of the fenced yard to be 900 square meters.
Answers (2)
Find the product of 1.05 and 0.7.
Answers (1)