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Mathematics, 06.01.2020 07:31, zaire8
Lucia bought 800 share of a company's stock for $7.94/share. she pays a broker a commission of $16 to buy and sell stock. after one year, she sold all her shares, which were worth $8.75/share at that time. what was her rate of return?
a. 8.8%
b. 9.3%
c.9.7%
d.10.2%
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Answers: 3
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Lucia bought 800 share of a company's stock for $7.94/share. she pays a broker a commission of $16 t...
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