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OpenStudy (anonymous):
determining profit or loss from an investment . three years ago, you purchase 150 shares of IMB stock for92 a share today you sold your imb stck for 108 a share . for this problem , ignore commissions that would be chargeto buy and sell im shares
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OpenStudy (anonymous):
Profit of 1 share:108 - 92 = $16 Total profit of 150 shares: 150 * $16 = $2,400
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