Computers and Technology, 07.05.2021 19:30 smelcher3900

51:11 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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51:11 An investor buys 400 shares of stock in a fund when the net asset value is $19.62 and the of...