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Mathematics, 27.03.2020 19:56 brose0707

You purchase 65 shares of common stock at $32.50 per share. A few months later, you sell the shares for $39.95. No
dividends were paid. Your stockbroker charges 3.1% commission on transactions of less than 100 shares. Determine the gain
(or loss) of the stock transaction. Round your answer to the nearest cent.
a. Again of $338.26
C. Again of $418.76
b. A loss of $403.75
d. A loss of $475.21

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