Answer:
Jose made $207.20
Step-by-step explanation:
We have been given that Jose bought 20 shares of Netflix at the close price of $117.98.
Hence, cost price of the shares = 20 × 117.98 = $2359.60
Now, Jose sells all of his shares at $128.34.
Hence, selling price of the shares = 20 × 128.34 = $2566.8
Therefore, the profit is given by
Profit = selling price - cost price
Profit = 2566.80 - 2359.60
Profit = $207.20
Therefore, Jose made $207.20
