Tommy Tindall is a private finance author who joined NerdWallet in 2021, covering consumer credit card debt, simple ways to save cash as well as gig financial state. Ahead of NerdWallet, he worked around the internet marketing and communications team at Fannie Mae.

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c. If Todd invests his $four,800 in Gallagher stock and the price of the stock rises to $70 per share ex-rights, what would his full greenback revenue be? Be aware: Utilize the rounded variety of shares from aspect a-2. Tend not to round every other intermediate calculations and spherical your response to the closest full dollar. Respond to is finish and proper. d. If Todd invests his $four,800 in Gallagher rights and the price of Gallagher's stock falls to $forty for each share, ex-rights, what would his greenback profit within the legal rights be? Observe: Detrimental total need to be indicated by a minus indicator. Usually do not round intermediate calculations and spherical your reply to the hearest full dollar. Respond to is just not full. Dollar financial gain/loss e. If Todd invests his $4,800 in Gallagher stock and the cost of Gallagher's stock falls to $40 per share ex-legal rights, what will be his overall dollar financial gain? Note: Damaging total should be indicated by a minus signal. Make use of the rounded number of shares from portion a-2. Do not round any pther intermediate calculations and round your reply to the closest whole greenback.

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Kiah Treece is a little small business proprietor and personal finance pro with practical experience in financial loans, small business and personal finance, insurance policies and real-estate. Her target is on demystifying financial debt to aid men and women and business owners consider Charge of their fina...