Question
10. Stock Transaction Program 18pts Last month Joe purchased some stock in Acme Software, Inc. Here are the details of the purchase: The number of
10. Stock Transaction Program 18pts Last month Joe purchased some stock in Acme Software, Inc. Here are the details of the purchase: The number of shares that Joe purchased was 1,000. When Joe purchased the stock, he paid $32.87 per share. Joe paid his stockbroker a commission that amounted to 2 percent of the amount he paid for the stock. Two weeks later Joe sold the stock. Here are the details of the sale: The number of shares that Joe sold was 1,000. He sold the stock for $33.92 per share. He paid his stockbroker another commission that amounted to 2 percent of the amount he received for the stock. Design a program that displays the following information: The amount of money Joe paid for the stock. The amount of commission Joe paid his broker when he bought the stock. The amount that Joe sold the stock for. The amount of commission Joe paid his broker when he sold the stock. Did Joe make money or lose money? Display the amount of profit or loss after Joe sold the stock and paid his broker (both times).
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