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Company D has 4 investors Investor 1 has 200 shares Investor 2 has 350 shares Investor 3 has 725 shares, and Investor 4 has 975. Company D had a good quarter and decides not to pay a dividend. Investor
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1 vote
Company D has 4 investors

Investor 1 has 200 shares
Investor 2 has 350 shares
Investor 3 has 725 shares, and
Investor 4 has 975.
Company D had a good quarter and decides not to pay a dividend. Investor 1 decides to sell all shares owned in the company. The investor bought 200 shares for $10/share and the stock is now trading at $25/share. Calculate the net profit/loss for the investor. Remember SMG charges a 2% commission on all transactions.

User Picolino
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1 Answer

5 votes

Answer:

Step-by-step explanation:

When the investor bought their 200 shares at 10 bucks it cost them

200*10*1.02= 2040

When the investor sold their 200 shares at 25 bucks it got them

200*25*.98=4900

4900-2040=2860

User Billy Kimble
by
3.1k points
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