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Jo Bower Purchased 150 Shares of Stock for $24 a Share

Question 43

Multiple Choice

Jo Bower purchased 150 shares of stock for $24 a share and sold it for $30 a share.The commissions required to buy and sell her stock totaled $60 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) $3,600
B) $3,660
C) $4,440
D) $4,500
E) $8,100

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