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02-11-2022
Business

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two years ago, you purchased 220 shares of ibm stock for $124 a share. today, you sold your ibm stock for $142 a share. for this problem, ignore commissions that would be charged to buy and sell your ibm shares and dividends you might have received as a shareholder.(a) what is the amount of profit you earned on each share of ibm stock?(b) what is the total amount of profit for your ibm investment?

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