Solved: James beskins and jennifer stock have both decided to buy, Financial Accounting

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James beskins and jennifer stock have both decided to buy

James Beskins and Jennifer Stock have both decided to buy 100 shares of WWW.COM, a hot Internet stock. The market price is $240 per share when Lance places a market order and Jennifer places a limit order at $230 per share. One week later, the price of WWW.com is $305 per share after having increased steadily since Lance and Jennifer placed their orders. How much profit has Lance made? How much profit has Jennifer made?

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Financial Accounting: James beskins and jennifer stock have both decided to buy

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Financial Accounting: James beskins and jennifer stock have both decided to buy

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