Question
Jason bought 46,000 shares of CTB Inc. on January 12, 2013. At that time, CTB Inc. had 2 million common shares outstanding. Calculate the portion
Jason bought 46,000 shares of CTB Inc. on January 12, 2013. At that time, CTB Inc. had 2 million common shares outstanding. Calculate the portion of CTB Inc. that Jason owns.
a. 2.3 percent
b. 1.4 percent
c. 6.0 percent
d. 1.5 percent
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