ason purchased 300 shares of the hodge and mattox energy fund. Each share cost 15.15. Fifteen months later, he decided to sell his shares when the share value reached 18.10. A what is the amount of his total initial investment? B what was the total amount Jason revived when he sold his shares in the hodge and mattox fund? C how much profit did he make on his investment?

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter20: Corporations And Parterships
Section: Chapter Questions
Problem 46P
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Jason purchased 300 shares of the hodge and mattox energy fund. Each share cost 15.15. Fifteen months later, he decided to sell his shares when the share value reached 18.10. A what is the amount of his total initial investment? B what was the total amount Jason revived when he sold his shares in the hodge and mattox fund? C how much profit did he make on his investment?
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