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    Exam 21: Stocks, Bonds, and Mutual Funds
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    Norm Cota Bought 600 Shares of ATL Stock at $32
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Norm Cota Bought 600 Shares of ATL Stock at $32

Question 25

Question 25

Short Answer

Norm Cota bought 600 shares of ATL stock at $32 per share. Assume a commission of 5% of the purchase price. What is the total cost to Norm?

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600 × $32 = $19,200;...

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