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Amy purchased 100 shares of Monsanto Company for $66.10 per share. Today the stock is selling for $80.45. Assuming a charge of $7.00 to buy and sell, how much did Amy earn if she sold her shares today?
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Apr 11, 2017
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Amy purchased 100 shares of Monsanto Company for $66.10 per share. Today the stock is selling for $80.45. Assuming a charge of $7.00 to buy and sell, how much did Amy earn if she sold her shares today?
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$80.45 - 66.10 = $14.35 x 100 = $1435.00
$1435.00 - $7 sales charge = $1428 in earnings.
Vito Valov
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Apr 16, 2017
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