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I bought this answer in student of fortune website! A: Assuming the commission charged on both buying and selling Commission = 2% Number os shares = 200 Rate of buying = $22.35 Rate of selling = $31.76 Amount for buying = 22.35*200 = 4470 After commission
It's not clear from your question whether the commission is charged once or twice (at purchase and at sale). Assuming the latter (which is customary)... Cost basis: (22.35 * 200) * 1.02 = $4,559.40 Sale proceeds: (31.76 * 200) * (1 - 0.02) = $6,224.96 Net

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