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A married couple buys 280 shares of stock for a total investment of $8,722. They decide to sell all of their shares in the fund at the listing value shown below. Name of Fund Offer Price NAV $31.05 CEH Mid-Cap $31.20 Determine if the couple makes a profit or loss, and how much per share. a. loss of $0.05 per share b. loss of $0.10 per share c. profit of $0.05 per share d. profit of $0.10 per share​

Respuesta :

The couple will make a loss of $0.10 per share.

What is the loss per share?

In order to determine the loss per share, the average total investment would be subtracted from the NAV. If the NAV is greater than the average total investment, the couple make a profit, if this is not the case, the couple would make a loss.

Average total investment = $8722 / 280 = $31.15

Loss = $31.05 - $31.15 = $-0.10

To learn more about profit, please check: https://brainly.com/question/1494270

grantbarron2005

Answer:

loss of $0.10 per share

Step-by-step explanation:

EDGE 2020

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