During 2022, Betty Simmons purchased 275 shares of common stock Issued by Doctor's Medical Supply for $9700 Including commission. Later in the same year, Betty sold the shares for $10,300 after commission. Calculate the following. (Round all answers to two decimal places.) 1. Profit on this stock transaction: 2. Percentage return on investment:

During 2022, Betty Simmons purchased 275 shares of common stock Issued by Doctor's Medical Supply for $9700 Including commission. Later in the same year, Betty sold the shares for $10,300 after commission. Calculate the following. (Round all answers to two decimal places.) 1. Profit on this stock transaction: 2. Percentage return on investment:

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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During 2022, Betty Simmons purchased 275 shares of common stock Issued by Doctor's Medical Supply for $9700 Including commission. Later in the same year,
Betty sold the shares for $10,300 after commission. Calculate the following. (Round all answers to two decimal places.)
1. Profit on this stock transaction:
2. Percentage return on investment:

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