Mathematics, 06.06.2020 04:59 brookekolmetz

(12 points) 2. Tom bought 30 shares of a company's stock for $19.72/share. He pays a broker a commission of $11 to buy and sell

stock. After one year, Tom sold all his shares, when they were worth $20.75/share.

A. How much did it cost Tom to buy the stock? Show your work.

B. What was Tom's net gain or loss? Show your work

What was Tom's annual rate of return? Show your work and round to tenth

Answers: 1

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(12 points) 2. Tom bought 30 shares of a company's stock for $19.72/share. He pays a broker a commi...