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Business, 18.03.2020 00:22 ghanim1963

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...

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