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A company purchases 500 shares of $25 par value common stock for $43 per share. In addition, the broker charges a commission of $750. 100

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A company purchases 500 shares of $25 par value common stock for $43 per share. In addition, the broker charges a commission of $750. 100 of these shares are sold for $49.00 per share. The broker charges a commission of $50 for this sale. What is the amount of gain or loss on the sale? $600 gain $600 loss $9,250 loss $12,750 gain

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