Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN: 9781285741550
Author: James Stewart
Publisher: Cengage Learning
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You purchase 360 shares of stock at $37.40 per share. Several months later you sell the shares at $34.10. Your broker charges
2% commission on round lots and 3% on odd lots.
Calculate the gain or loss (in $) on the transaction.
$
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Transcribed Image Text:You purchase 360 shares of stock at $37.40 per share. Several months later you sell the shares at $34.10. Your broker charges 2% commission on round lots and 3% on odd lots. Calculate the gain or loss (in $) on the transaction. $
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