13
QuizMultiple Choice

Topic Test

Question 13 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Rochelle invests in 500 shares of stock in the fund shown below.Name of FundNAVOffer PriceHAT Mid-Cap$18.94$19.14Rochelle plans to sell all of her shares when she can profit $6,250. What must the net asset value be in order for Rochelle to sell?

Answer
A
$12.50
B
$31.44
C
$31.64
D
$100.00
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