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27 July, 05:04

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

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  1. 27 July, 08:11
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    The answer is d i just took the test
  2. 27 July, 08:13
    0
    Your Answer would be D. $9,340
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