Suppose You Bought 600 Shares of a Stock at $38

question 12

Multiple Choice

Suppose you bought 600 shares of a stock at $38.34 using a broker that charged a 1% commission.
A. Find the total cost of buying the stock.
B. If you sold them later at $38.97 using an online brokerage with a $9.95 flat fee, would you have
Made or lost money? How much?

• A)a. $23,234.04; b. lost $138.01
• B)a. $23,004.00; b. made $378.00
• C)a. $23,004.00; b. lost $378.00
• D)a. $23,234.04; b. made $138.01

---

Definitions:

Immunity

The body's ability to resist or eliminate potentially harmful foreign materials or abnormal cells.

Ascending Colon

The first section of the colon that receives digested food from the small intestine and moves it upward on the right side of the abdomen.

Transverse Colon

The middle section of the colon, which runs horizontally across the abdomen, playing a role in the digestion and absorption of nutrients.

Abdominal Cavity

The space within the human body that houses several major organs, including the stomach, liver, and intestines.