Mathematics, 08.11.2019 05:31 natalie2sheffield
Rauol made an investment in 155 shares of stock in a load fund for $3,117.05. after one year the stock had a net asset value of $18.35 per share. if rauol redeems all 155 shares, which of the following is a correct statement?
a.
rauol will have a loss of $272.80.
b.
rauol will have a profit of $272.80.
c.
rauol will have a profit of $2,844.25.
d.
there is not enough information to calculate profit or loss.
Answers: 1
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