Question
An investor purchased 600 shares of ABC Company when it IPOd, paying $60 per share. When the shares reached $80, the company executed a 3
An investor purchased 600 shares of ABC Company when it IPOd, paying $60 per share. When the shares reached $80, the company executed a 3 for 1 split. When the shares were $28.5 on a post-split basis, the investor sold 600 shares. What is his profit on this sale?
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
