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3. The Sandy Shores Cooperative is owned by the shareholders. The co-op has a total of 58,000 shares. Linda has an apartment at Sea Cottage and owns 640 shares of the cooperative. What percentage of Sea Cottage does Linda own?

3. The Sandy Shores Cooperative is owned by the shareholders. The co-op has a total of 58,000 shares. Linda has an apartment at Sea Cottage and owns 640 shares of the cooperative. What percentage of Sea Cottage does Linda own?

Essentials Of Investments
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
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3. The Sandy Shores Cooperative is owned by the shareholders. The co-op has a total of 58,000 shares. Linda has an apartment at Sea Cottage and owns 640 shares of the cooperative. What percentage of Sea Cottage does Linda own?
Transcribed Image Text:3. The Sandy Shores Cooperative is owned by the shareholders. The co-op has a total of 58,000 shares. Linda has an apartment at Sea Cottage and owns 640 shares of the cooperative. What percentage of Sea Cottage does Linda own?
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