Answered: Suppose you bought XYZ stock 1 year ago…

Suppose you bought XYZ stock 1 year ago for $5.765.76 per share and sell it at $9.579.57. You also pay a commission of $0.150.15 per share on your sale. What is the total return on your investment?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter7: Percents

Section7.7: Simple And Compound Interest

Problem 16E

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Question

Suppose you bought XYZ stock 1 year ago for

$5.765.76

per share and sell it at

$9.579.57.

You also pay a commission of

$0.150.15

per share on your sale. What is the total return on your investment?

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