Mary Cooper Just Purchased 100 Shares in the All-American Fund

question 116

Multiple Choice

Mary Cooper just purchased 100 shares in the All-American Fund.The purchase cost for each share was $10.If this fund charges a 3 percent load,what is the total amount of commission she will pay the investment company?

• A)$30
• B)$100
• C)$230
• D)$300
• E)$500

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