1. Nicco owns 6,000 shares of a company at P780 per share. He also owns 25,000 shares for another company at P260 per share. In which company is the total value of her share greater? Explain how you know which is greater. 2. On July 1, 2019, Aldrin bought 600 shares of ABC stocks at P450 per share. He sold half of his shares on August 3, 2019, for P470. How much money did he gain or lose on the investment?
1. Nicco owns 6,000 shares of a company at P780 per share. He also owns 25,000 shares for another company at P260 per share. In which company is the total value of her share greater? Explain how you know which is greater. 2. On July 1, 2019, Aldrin bought 600 shares of ABC stocks at P450 per share. He sold half of his shares on August 3, 2019, for P470. How much money did he gain or lose on the investment?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Answer the following. Thank you!
Transcribed Image Text:1. Nicco owns 6,000 shares of a company at #780 per share. He also owns 25,000 shares for
another company at P260 per share. In which company is the total value of her share greater?
Explain how you know which is greater.
2. On July 1, 2019, Aldrin bought 600 shares of ABC stocks at #450 per share. He sold half of his
shares on August 3, 2019, for #470. How much money did he gain or lose on the investment?
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