Question
Matthew Myers has $44,000 invested in Stock A and stock B. Stock A currently sells for $40 a share and stock B sells for $60
Matthew Myers has $44,000 invested in Stock A and stock B. Stock A currently sells for $40 a share and stock B sells for $60 a share. If stock B triples in value and stock A goes up 50%, his stock will be worth $102,000. How many shares of each stock does he own?
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
11th Edition
1260288390, 978-1260288391
