Business, 29.10.2019 19:31 jvsome8

An investor purchased 100 shares of stock x at \small 6\frac{1}{8} dollars per share and sold them all a year later at 24 dollars per share. if the investor paid a 2 percent brokerage fee on both the total purchase price and the total selling price, which of the following is closest to the investor's percent gain on this investment? (a) 92%
(b) 240%
(c) 280%
(d) 300%
(e) 380%

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An investor purchased 100 shares of stock x at \small 6\frac{1}{8} dollars per share and sold them a...