Mathematics, 05.11.2020 19:10 jessica6597

17. Mr. Blevins bought 1100 shares of a company's
stock for $22/share. He pays a
broker a commission of S15 to buy and sell
stock. After one year. Mr. Blevins sold all his
shares, when they were worth $24.90/share.
What was his net gain?
What was his rate of return?

Answers: 3

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17. Mr. Blevins bought 1100 shares of a company's
stock for $22/share. He pays a
broker...

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17. Mr. Blevins bought 1100 shares of a company's stock for $22/share. He pays a broker a commission of S15 to buy and sell stock. After one year. Mr. Blevins sold all his shares, when they were worth $24.90/share. What was his net gain? What was his rate of return?

Answers

Another question on Mathematics

17. Mr. Blevins bought 1100 shares of a company's
stock for $22/share. He pays a
broker a commission of S15 to buy and sell
stock. After one year. Mr. Blevins sold all his
shares, when they were worth $24.90/share.
What was his net gain?
What was his rate of return?