Chyra redeemed 175 shares of stock she owned in the fund shown below. name of fund nav offer price cah group $15.83 $16.27 what were chyra’s proceeds? a. $77.00 b. $2,770.25 c. $2,847.25 d. $5,617.50

Option b $2,770.25

Step-by-step explanation

Chyra owned shares of stock, details are :

Name of Fund - CAH Group

NAV - $15.83

Offer Price - $16.27

Chyra redeemed stock = 175 shares

As we know shares can be redeemed on NAV price.

Chyra's proceeds = 175 × 15.83 = $2,770.25

Chyra's proceeds were $2,770.25.

answer

d. 10

explanation

the distance from point y to wx is the height of the triangle.

using pythagoras theorem,

group similar terms to get,

this implies that,

take positive square root of both sides to get,

this implies that,

is there a picture

step-by-step explanation: