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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