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Mathematics, 09.12.2020 18:50 oof1231
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.
Rauol will have a profit of $2,844.25.
There is not enough information to calculate profit or loss.
C.
d
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Rauol made an investment in 155 shares of stock in a load fund for $3,117.05. After one year the sto...
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