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Chloe Invested a Lump Sum of $24,000 in a Mutual

Question 52

Multiple Choice

Chloe invested a lump sum of $24,000 in a mutual fund with an offer price of $8.05. How many shares did she purchase? (Round to the nearest thousandth)


A) 1,600.500
B) 1,633.340
C) 3,690.342
D) 2,981.366

Correct Answer:

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