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You have just bought 100 shares of ABC Corporation common stock at 70.50 per share. The commission is calculated as 1.5% of the total value

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You have just bought 100 shares of ABC Corporation common stock at 70.50 per share. The commission is calculated as 1.5% of the total value of the transaction plus $30. How much is the Market Transaction? How much will you be charged for the Commission? How much is the Total Payment you must make to the broker for the entire transaction? (Show all work.)

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