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An investor purchased 800 shares of stock for $63.25 per share and sold them later for $65.28 per share. The brokers commission was 2% of
An investor purchased 800 shares of stock for $63.25 per share and sold them later for $65.28 per share. The brokers commission was 2% of the purchase price and 2% of the selling price. Find the amount the investor made or lost on the stock. Use a negative number to indicate a loss.
The investor made/lost ?
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