Jason mathews purchased 150 shares of the hodge amp mattox, Financial Management

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Jason mathews purchased 150 shares of the hodge amp mattox

Jason Mathews purchased 150 shares of the Hodge & Mattox Energy fund. Each share cost $24.25. Fifteen months later, he decided to sell his shares when the share value reached $28.50. a. What is the amount of his total initial investment? b. What was the total amount Mr. Mathews received when he sold his shares in the Hodge & Mattox fund, c. How much profit did he make on his investment?

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Financial Management: Jason mathews purchased 150 shares of the hodge amp mattox

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Financial Management: Jason mathews purchased 150 shares of the hodge amp mattox

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