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Use the given partial stock table. Round dollar amounts to the nearest cent when necessary. Suppose that you owned 1000 shares of stock in Procter & Gamble (PG). You purchased the shares at a price of $48.94 per share and sold them at the closing price of the stock given in the table (74.20). (a) Ignoring dividends, what was your profit or loss on the sale of the stock? $ This is a--Select- v (b) If your broker charges 1.8% of the total sale price, what was the broker's commission?

Use the given partial stock table. Round dollar amounts to the nearest cent when necessary. Suppose that you owned 1000 shares of stock in Procter & Gamble (PG). You purchased the shares at a price of $48.94 per share and sold them at the closing price of the stock given in the table (74.20). (a) Ignoring dividends, what was your profit or loss on the sale of the stock? $ This is a--Select- v (b) If your broker charges 1.8% of the total sale price, what was the broker's commission?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 48CR
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Use the given partial stock table. Round dollar amounts to the nearest cent when necessary. Suppose that you owned 1000 shares of stock in Procter & Gamble (PG). You purchased the shares at a price of $48.94 per share and sold them at the closing price of the stock given in the table (74.20). (a) Ignoring dividends, what was your profit or loss on the sale of the stock? $ This is a--Select- v (b) If your broker charges 1.8% of the total sale price, what was the broker's commission?

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