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Al Roy Bought Five Bonds of Jort Co

Question 46

Multiple Choice

Al Roy bought five bonds of Jort Co. 11 3/4 at 93.25 and four bonds of Inst. System 12x08 for 81.125. If the commission on the bonds is $2.50 per bond, the total cost of all the purchases is:


A) $4,662.50
B) $3,425.00
C) $7,930.00
D) $7,907.50
E) None of these

Correct Answer:

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