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.

Hi!

We can find the result by subtracting the minimum value from the maximum value, that's the value of the difference in the temperature for the day, and it is calculated like this:

10 - (-17) = 10 + 17 = 27

Hope this helps!