9. Assume the new investor then sells the 420 shares What is his profit? What is the

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9. Assume the new investor then sells the 420 shares What is his profit? What is the annualized return?

The fund sens SOO shares of stock 4 to raise the needed funds Assume 250 trading days per year.

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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