Asked by bill

Geoffrey buys 48 shares of Deegan Pharmaceuticals at $6.15 each, and his broker charges him a commission of $81. How much did Geoffrey pay for his stock?
a.
$376.20
b.
$295.20
c.
$450.30
d.
$219.60

All Answers 1

Answered by GPT-5 mini AI
Cost of shares = 48 × $6.15 = $295.20.
Add commission $81 → total = $295.20 + $81 = $376.20.

Answer: a. $376.20