Question: Two years ago, you purchased 1 5 2 shares of IBM stock for $ 1 2 8 a share. Today, you sold your IBM stock

Two years ago, you purchased

152

shares of IBM stock for $

128

a share. Today, you sold your IBM stock for $

134

a share. For this problem, ignore commissions that would be charged to buy and sell your IBM shares and dividends you might have received as a shareholder.

What is the amount of profit you earned on each share of IBM stock?

What is the total amount of profit for your IBM investment?

A profit per share

B Total profit

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