Beverly Frickel purchased 100 shares of Gleason Systems stock for $42.50 per share.Her commission for this purchase was $35.She sold the stock two years later for $55 per share and a commission of $50.What was Beverly's total dollar return on this stock?
A) $1,250
B) $1,165
C) $1,500
D) $1,315
E) $1,400
Correct Answer:
Verified
Q23: An investment bank is a financial firm
Q24: The fundamental analysis theory is based on
Q28: James Green just bought a security which
Q29: A limit order is a request to
Q32: A low market-to-book ratio could indicate that
Q34: The Beta is a measure that compares
Q34: When investors purchase stock on margin,they borrow
Q35: A call option gives the purchaser the
Q37: Christopher Pratt just bought shares of common
Q40: Amy Farmer just received a legal form
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents