Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman

تمرين 129

You purchase 650 shares of Sunrise Electric common stock at $44.25 per share. A few months later you sell the shares at $57.29. Your stockbroker charges 3% commission on round lots and an extra
on odd lots.
a. What is the total cost of the purchase
b. What are the proceeds on the sale
c. What is the gain (or loss) on the transaction