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An Investor Bought 500 Shares of a Stock at $12

Question 76

Multiple Choice

An investor bought 500 shares of a stock at $12.92 using a broker that charged a 2% commission.
Find the total cost of buying the stock.


A) $6,524.60
B) $6,460.26
C) $6,589.20
D) $6,470.00

Correct Answer:

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