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Assume that 1000 shares of Cackle Cola are purchased at $23.15 and sold 7 days later at $24.60. Assume a 1% commission on each transaction,

Assume that 1000 shares of Cackle Cola are purchased at $23.15 and sold 7 days later at $24.60. Assume a 1% commission on each transaction, and a continuous risk- free of 4% per year. What is the gain (or loss)? $955 $960 $965 $970 $975

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