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Alfredo Gutierrez bought 2,000 shares of a phone company's stock at $36.50 per share. He sold his stock at $48.25 per share. Each transaction
Alfredo Gutierrez bought 2,000 shares of a phone company's stock at $36.50 per share. He sold his stock at $48.25 per share. Each transaction paid a sales commission of $49.95 plus $0.02 per share. a) What was the net amount of the sale? b) What was the profit or loss from the sale?
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Statistical Reasoning For Everyday Life
Authors: Jeff Bennett, William Briggs, Mario Triola
5th Edition
9780134494043
