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st Three years ago, you purchased 204 shares of IBM stock for $151 a share. Today, you sold your IBM stock for $163 a share.

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st Three years ago, you purchased 204 shares of IBM stock for $151 a share. Today, you sold your IBM stock for $163 a share. For this problem, ighore commissions that would be charged to buy and sell your IBM shares and dividends you might have recelved as a shareholder. (a) What is the amount of profit you earned on each share of IBM stock? (b) What is the total amount of profit for your IBM investment? Prex 17 of 25 Ns>

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