An online trading company charges a 3% commission for all stock purchases. If a trader purchases 200
Question:
An online trading company charges a 3% commission for all stock purchases. If a trader purchases 200 shares of a stock through this company and is charged $3,399 including commission, what is the cost per share for this stock?
A) $16.45
B) $16.48
C) $16.50
D) $16.52
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
McGraw-Hill Education SAT 2017
ISBN: 9781259641657
1st Edition
Authors: Christopher Black, Mark Anestis
Question Posted: