Nancy purchased shares of Micron for $51.33 per share. She plans to sell the shares when the stock price rises 35%. At what price will she sell her shares? *
1 answer
Question:
Nancy purchased shares of Micron for $51.33 per share. She plans to sell the shares when the stock price rises 35%. At what price will she sell her shares? *
Answers
Answer: $69.30 per share (rounded up to the nearest penny)Step-by-step explanation:51.33 x 0.35 = 17.9655 (this is the increased value in the stock)51.33 + 17.9655 = 69.2955
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