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Jamie Bought 200 Shares of MCN Stock at $29

Question 134

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Jamie bought 200 shares of MCN stock at $29.38 per share. Eight months later she sold the stock at $31.63 per share. Assume a 2% commission is charged on both buying and selling the stock. What was Jamie's ROI?

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Bought: 200 × $29.38 = $5,876;...

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