At your discount brokerage firm, it costs $7.95 per stock trade. How much money do you receive after selling 250 shares of General Electric (GE), which trades at $55.19?

Name: At your discount brokerage firm, it costs $7.95 per stock trade. How much money do you receive after selling 250 shares of General Electric (GE), which trades at $55.19?
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Question

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The total revenue from selling 250 shares at $55.19 each is $13,797.50. After subtracting the $7.95 trading fee, you receive $13,789.55.

At Your Discount Brokerage Firm, It Costs $7