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An investor redeemed 500 shares of a mutual fund at their net asset value of $9.79. His total investment in the shares was $4,412.38. What was the investor's profit or loss on the sale?

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An investor redeemed 500 shares of a mutual fund at their net asset value of $9.79. His total investment in the shares was $4,412.38. What was the investor's profit or loss on the sale?






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