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Closing Price: $74.20 Use the given partial stock table. Round dollar amounts to the nearest cent when necessary. Suppose that you owned 2000 shares of
Closing Price: $74.20
Use the given partial stock table. Round dollar amounts to the nearest cent when necessary. Suppose that you owned 2000 shares of stock in Procter & Gamble (PG). You purchased the shares at a price of $48.93 per share and sold them at the closing price of the stock given in the table. (a) Ignoring dividends, what was your profit or loss on the sale of the stock? This is a profit . (b) If your broker charges 1.8% of the total sale price, what was the broker's commissionStep by Step Solution
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