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. What commission will you be charged, and how much must you pay the broker for the entire transaction? (Show all work.)

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The Answer of 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. What commission will you be charged, and how much must you pay the broker for the entire transaction? (Show all work.)

You Have Just Bought 100 Shares of ABC Corporation Common