Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question
Leonardo paid a total of $12,500 for stock that was $4 per share. If he sold all his
shares for $20,312.50, how much profit on each share did he make?
a. S2.5
b.8.5
C. $2.000
d. $6000
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