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Business, 11.12.2019 20:31 animerocks07
Carolyn bought 200 shares of stock at $30 per share ($6,000 total). she paid $3,000 in cash and borrowed $3,000 from the brokerage firm. the loan has an annual interest rate of 5 percent. six months later, she sold the stock for $40 per share. carolyn paid a commission of $120 and repaid the loan. what was her net profit?
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Carolyn bought 200 shares of stock at $30 per share ($6,000 total). she paid $3,000 in cash and borr...
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