11k?
Here's a simpler way of calculating it if you struggled with the 1st.
$110,000 (investment) / 0.066 (SP) = 1,666,667 (shares)
1,666,667 (shares) x 0.075 (SP) = $125,000 (market value)
$125,000 (market value) - $110,000 (investment) = $15,000 (profit before deducting osts)
Care to show me your workings?
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