kristinep75 kristinep75
  • 13-10-2022
  • Mathematics
contestada

What is the rate of return when 12 shares of Stock
A, purchased for $22/share, are sold for $465? The
commission on the sale is $9.
Rate of Return = profit or loss
total cost
First, calculate the total cost.
Hint: 12 shares were purchased for $22
each. So first, we'll multiply 12 - 22.
12- $22= $[?]

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