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Problem 8-3 Buying Stock with Commissions (LG8-4) Your discount brokerage firm charges $8.65 per stock trade. How much money do you need to buy 150

Problem 8-3 Buying Stock with Commissions (LG8-4)

Your discount brokerage firm charges $8.65 per stock trade.

How much money do you need to buy 150 shares of Pfizer, Inc. (PFE), which trades at $39.32? (Round your answer to 2 decimal places.)

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