Question

Donna buys 400 shares of stock for $23 per share and pays a 1% commission. She sells them 6 years later for $23.25 per share and pays a flat fee of $30.00. What is her total purchase cost?

Answer 1

She sells them six years later for$23.25 per share, and pays a $30 flat fee. ... 1 of 4. Purchase price of 400 shares = 400*23 =9200. total purchase costExplanation: