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If You Purchase 1442 Shares of Stock at the Closing 3.6%3.6 \%

Question 4

Multiple Choice

If you purchase 1442 shares of stock at the closing price and the broker's commission is 3.6%3.6 \% find the total cost of the purchase.
52 weeks
 HI  LO  STOCK  DIV  YLD%  P/E  VOL (1,000 s)  CLOSE  NET  CHG 68.1443.34 ABC 1.442.06435451.481.45\begin{array} { l l l l l l l l l } \text { HI } & \text { LO } & \text { STOCK } & \text { DIV } & \text { YLD\% } & \text { P/E } & \begin{array} { l } \text { VOL } \\ ( 1,000 \mathrm {~s} ) \end{array} & \text { CLOSE } & \begin{array} { l } \text { NET } \\ \text { CHG } \end{array} \\ 68.14 & 43.34 & \text { ABC } & 1.44 & 2.0 & 6 & 4354 & 51.48 & - 1.45 \end{array} ,


A) $76,906.59
B) $71,561.73
C) $64,405.56
D) $69,215.93

Correct Answer:

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