Mathematics, 20.09.2020 14:01, dpaul4287

Erin purchased $ 23,510 worth of stock and paid her broker a 1% broker fee. She sold when the stock price increased to $27,300, and used a
discount broker who charged $21 per trade.
Compute her net proceeds.
What was the purchase cost?
What was the sale price?
Net Proceeds = Sale Price - Purchase Cost

Answers: 2

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Erin purchased $ 23,510 worth of stock and paid her broker a 1% broker fee. She sold when the stock...