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Suppose that you owned 1500 shares of stock in Procter & Gamble (PG). You purchased the shares at a price of $48.99 per share and
Suppose that you owned 1500 shares of stock in Procter & Gamble (PG). You purchased the shares at a price of $48.99 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 loss or profit
If your broker charges 1.8% of the total sale price, what was the broker's commission?
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