You purchase 65 shares of common stock at $32.50 per share. A few months later, you sell the shares for $39.9
dividends were paid. Your stockbroker charges 3.1% commission on transactions of less than 100 shares. Dete
(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