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You purchased $1,000 of IBM stock at the end of each quarter from 2005 through 2010 (six years). Excluding commissions, how many shares have you
You purchased $1,000 of IBM stock at the end of each quarter from 2005 through 2010 (six years). Excluding commissions, how many shares have you accumulated? As of January 2015, IBM was selling for $161. What was the position worth in Janu-ary 2015? ( you may obtain historical price data from Yahoo! Finance.)
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