How many shares would you use $10,000 to buy in caterpillar tractor company

Question

Question

Answer 1

Answer #1

Let us assume that the stock price of Caterpillar tractor company
is $119.
You have $10000 to invest, so you will be able to buy
10000/119 shares
You would use $10000 to buy 84 shares in the caterpillar tractor company.

Specifically, you have to divide 10000 by the share price of the
caterpillar tractor company to calculate the number of shares.

Answer 2

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