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Mathematics, 29.09.2019 12:30 ksweeny02
nichole bought 500 shares of a company's stock for $8.24/share. she pays a broker a commission for $20 to buy and sell stock. after one year she sold all of her shares which were worth $10.10/share at that time..
what was her rate of return?
a. 22.6%
b. 21.5%
c. 16.8%
d. 16.1%
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Answers: 2
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Having a hard time understanding this question (see attachment).
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nichole bought 500 shares of a company's stock for $8.24/share. she pays a broker a commission for $...
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