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...
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