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McKenzie Buys 250 Shares of Stock for $12 a Share

Question 7

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McKenzie buys 250 shares of stock for $12 a share and pays a 2% commission.She sells the stock 3 years later for $18 a share and pays a 1% commission.What are her net proceeds?

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1,395.00;250 × 12 = 3,000 × 0....

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