Suppose you bought XYZ stock 1 year ago for $6.52 per share and sell it...

60.1K

Verified Solution

Question

Basic Math

image

Suppose you bought XYZ stock 1 year ago for $6.52 per share and sell it at $9.56. You also pay a commission of $0.15 per share on your sale. What is the total return on your investment?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students