Respuesta :
Answer:
Therefore if Zeke sells the shares now he stands to make a profit of
= $320 - $212 = $ 108.
Therefore Zeke should sell the shares because the price of the shares may see a decline in the future.
Step-by-step explanation:
i) Zeke bought 10 shares
ii) Each share cost $21.20
iii) Zeke paid for the shares the amount of = $21.20 [tex]\times[/tex] 10 = $212
iv) shares are now each worth $32
v) If Zeke sells the shares the Zeke will earn = $32 [tex]\times[/tex] 10 = $320.
vi) Therefore if Zeke sells the shares now he stands to make a profit of
= $320 - $212 = $ 108.
Answer:
Sell, $10.80
Step-by-step explanation:
He should sell since there is a predicted decline.
To get his profit subtract the starting value of each share, to the current
32-21.20=10.80
