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Bill Campbell invested $3,000 and borrowed $3,000 to purchase shares in Kellogg. At the time of his investment, Kellogg stock was selling for $57 a

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Bill Campbell invested $3,000 and borrowed $3,000 to purchase shares in Kellogg. At the time of his investment, Kellogg stock was selling for $57 a share. (a) of Bill paid a $57 commission, how many shares could he buy if he used his $3,000 and borrowed $3,000 on margin to buy Kellogg stock? (Round your answer to 2 decimal places.) Answer is complete and correct. Number of 104.37 Sharos (b) Ignoring buying commission, Assuming Bill did use margin, paid a $57 total commission to sell his Kellogg stock, and sold his stock for $62 a share, how much profit did he make on his Kellogg investment? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Total profit after commissions 427.86

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