Question: Use the givenpartial stock table. Round dollar amounts to the nearest cent when necessary. Suppose that you owned2000shares of stock in Procter & Gamble (PG).
Use the givenpartial stock table. Round dollar amounts to the nearest cent when necessary.
Suppose that you owned2000shares of stock in Procter & Gamble (PG). You purchased the shares at a price of$48.92per share and sold them at the closing price of the stock given in the table.
(a)
Ignoring dividends, what was your profit or loss on the sale of the stock?
$
This is a
---Select---
profit
loss
.
(b)
If your broker charges1.7%of the total sale price, what was the broker's commission
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