desireevans6 desireevans6

25-12-2022
Physics

Answered

Cynthia's broker charges her a commission of $88 for every $1000 of stock bought or sold. Cynthia bought
2,000 shares of Ombor Medical Supplies at $35.49 apiece. As the price rose and fell, she sold off part of her
holdings. When the price rose to $48.57, she sold 600 shares. The price fell somewhat to $46.10, so she sold
1,150 of her shares. When the price climbed to $53.46, she sold off the remainder of her holdings. How much
profit did Cynthia make in total?
a. $9,889.82
b.
$24.542.00
c. $16,312.06
d. $74,799.58
Please select the best answer from the choices provided

Answer :

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