Question

Nyromi redeemed 250 shares of stock she owned in the fund shown below. What were Nyromi's proceeds?

1) 4,617.50
2) 4,685.00
3) 4,470.50
4) 4,740.00

Answer 1

To find Nyromi's proceeds, we need additional information about the price per share.

Step-by-step explanation:

To find Nyromi's proceeds, we need to multiply the number of shares redeemed (250) by the price per share. However, the question does not provide the price per share, so it is not possible to calculate the exact proceeds. Without this information, we cannot determine which of the given options (1) 4,617.50, (2) 4,685.00, (3) 4,470.50, or (4) 4,740.00 is the correct answer. We need additional information to solve the problem.