Mathematics, 08.12.2021 08:00 genyjoannerubiera
Joyce's mother buys some shares of Company A on Day 0.
On Day 7, the share price of Company A is $4.60.
If she sells all her shares of Company A and A buys 2000 shares of Company B on Day 7, she would receive $7400.
On Day 12, the share price of Company A is $4.80 and the share price of Company B is $0.50 less than that on Day 7.
If she sells all her shares of Company A and buys 5000 shares of Company B on Day 12, she would have to pay $5800. Find
(i) the number of shares of Company A Joyce's mother has,
(ii) the share price of Company B on Day 12.
Please help aNd thank you!!!
Answers: 1
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Joyce's mother buys some shares of Company A on Day 0.
On Day 7, the share price of Company A is $...
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