Two years ago, you purchased 2 0 3 shares of IBM stock for $ 1 6 4

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Question:

Two years ago, you purchased

203

shares of IBM stock for $

164

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

172

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?

Posted Date: May 19, 2024 05:08 AM

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Two years ago, you purchased 2 0 3 shares of IBM stock for $ 1 6 4

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