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At Your Full-Service Brokerage Firm, It Costs $110 Per Stock

Question 25

Multiple Choice

At your full-service brokerage firm, it costs $110 per stock trade. How much money do you receive after selling 100 shares of Time Warner, Inc. (TMX) , which trades at $22.62?


A) $2,152.00
B) $2,262.00
C) $2,372.00
D) $2,388.20

Correct Answer:

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