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Problem 8-4 Buying Stock with Commissions (LG8-4) Your discount brokerage firm charges $8.95 per stock trade. How much money do you need to buy 260

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Problem 8-4 Buying Stock with Commissions (LG8-4) Your discount brokerage firm charges $8.95 per stock trade. How much money do you need to buy 260 shares of Time Warner, Inc. (TWX). which trades at $41.32 ? (Round your answer to 2 decimal places.)

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