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Bob Orleans invested $ 1 0 , 0 0 0 and borrowed $ 1 0 , 0 0 0 to purchase shares in Verizon Communications.

Bob Orleans invested $10,000 and borrowed $10,000 to purchase shares in Verizon Communications. At the time of his investment, Verizon was selling for $50 a share.
a. If Bob paid a commission of $50, how many shares could he buy if he used only his own money and did not use margin?
Number of shares
b. If Bob paid a commission of $100, how many shares could he buy if he used his $10,000 and borrowed $10,000 on margin to buy Verizon stock?
Number of shares
c. Assume Bob did use margin to buy his Verizon stock. Also, assume he paid another $100 to sell his stock and sold the stock for $57 a share. How much profit did he make on his Verizon stock investment?
Profit
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