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Joanne Blower Owns 200 Shares of Corel Corporation Stock

Question 11

Multiple Choice

Joanne Blower owns 200 shares of Corel Corporation stock.She purchased the stock for $22 a share.She sold her stock for $28 a share.The commissions required to buy and sell her stock totaled $180.Assuming that she received no dividends during the time she owned the stock,what is her total profit from this transaction?


A) $180
B) $780
C) $1,380
D) $1,120
E) $1,200

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