An online trading company charges a 3% commission for all stock purchases. If a trader purchases 200

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An online trading company charges a 3% commission for all stock purchases. If a trader purchases 200 shares of a stock through this company and is charged $3,399 including commission, what is the cost per share for this stock?

A) $16.45

B) $16.48

C) $16.50

D) $16.52

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McGraw-Hill Education SAT 2017

ISBN: 9781259641657

1st Edition

Authors: Christopher Black, Mark Anestis

Question Posted: Jul 11, 2023 05:19 AM

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An online trading company charges a 3% commission for all stock purchases. If a trader purchases 200

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C Let p the price per share of the stock The ...View the full answer

McGraw-Hill Education SAT 2017

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