The closing prices of two mutual funds on Monday, July 17, are:
Bid Offer Change
WORLD FUND 18.30 20.00 +.10
OCEAN FUND 5.25 5.50 +.02
An investor who bought 300 shares of WORLD Fund on Monday, July 17, will pay:
A) $1,575
B) $1,650
C) $5,490
D) $6,000