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14 Alfredo Gutierrez bought 2 000 shares of a phone company s stock at 36...

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Algebra

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14 Alfredo Gutierrez bought 2 000 shares of a phone company s stock at 36 50 a share He sold his stock at 48 25 per share Each transaction paid a sales commission of 49 95 plus 0 02 per share a What was the net amount of the sale b What was the profit or loss from the sale

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