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Mathematics, 19.11.2020 09:40 jpdagle6921
Rachel bought 1,500 shares of Cawh Consolidated Bank at a price of $24.85 each. As the price climbed, she sold off parts of her holdings. She sold off 250 shares at $28.32 apiece, she sold 800 of her shares at $33.60 apiece, and she sold off the remainder of her shares at $39.94 apiece. If Rachel’s broker charges a commission of $65 per $1,000 of stock bought or sold, how much profit did Rachel make, to the nearest dollar?
a.
$20,459
b.
$51,933
c.
$14,661
d.
$8,859
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Rachel bought 1,500 shares of Cawh Consolidated Bank at a price of $24.85 each. As the price climbed...
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