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QUESTION 1 0 You purchased 1 0 0 shares of stock at a price of $ 7 5 per share. Six months later, you sell

QUESTION 10
You purchased 100 shares of stock at a price of $75 per share. Six months later, you sell the stock for $87 per share. Your brokerage charges a fee of 2% of the transaction + another $3 for EACH transaction. What rate of interest will you earn? ( Write final answer as a % rounded to the nearest 100 th of a percent.)
DON'T INPUT THE % SYMBOL.
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