Question
A MUTUAL FUND IS COMPRISED OF THE FOLLOWING STOCKS: 1,000 SHARES OF MICROSOFT AT $150 PER SHARE 2,000 SHARES OF APPLE AT $250 PER SHARE
A MUTUAL FUND IS COMPRISED OF THE FOLLOWING STOCKS:
1,000 SHARES OF MICROSOFT AT $150 PER SHARE
2,000 SHARES OF APPLE AT $250 PER SHARE
100 SHARES OF AMAZON AT $2,000 PER SHARE
IT DOES NOT BUY ON THE MARGIN AND HAS 100,000 SHARES OUTSTANDING.
WHAT IS THE FUNDS PURCHASE PRICE PER SHARE?
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Overcoming Debt Achieving Financial Freedom
Authors: Cindy Zuniga-Sanchez
1st Edition
1119902320, 978-1119902324
