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Jill Bower Purchased 175 Shares of Stock for $20 a Share

Question 145

Multiple Choice

Jill Bower purchased 175 shares of stock for $20 a share and sold it for $30 a share.The commissions required to buy and sell her stock totaled $50 for each transaction.Assuming she received no dividends during the time she owned the stock,what is her total investment on the purchase of this stock?


A) $3,250
B) $3,550
C) $5,200
D) $5,300
E) $5,500

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