10. Jason Mathews purchased 300 shares of the Hodge & Mattox Energy Fund. Each share cost $15.15....

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10. Jason Mathews purchased 300 shares of the Hodge & Mattox Energy Fund. Each share cost $15.15.

Fifteen months later, he decided to sell his shares when the share value reached $18.10. (LO13.4)

a. What was the amount of his total investment?

b. What was the total amount Jason received when he sold his shares in the Hodge & Mattox fund?

c. How much profit did he make on his investment?

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Focus On Personal Finance

ISBN: 9781259919657

6th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart

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Question Posted: Jul 24, 2024 07:05 AM

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10. Jason Mathews purchased 300 shares of the Hodge & Mattox Energy Fund. Each share cost $15.15....

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Focus On Personal Finance

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