Ryan Neal bought 2,400 shares of Ford at $16.02 per share. Assume a commission of 1% of the purchase price. What is the total cost to Ryan? (Round your answer to the nearest cent.) Total cost
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- Ryan Neal bought 1,400 shares of Ford at $15.82 per share. Assume a commission of 3% of the purchase price. Ryan sells the stock for $20.13 with the same 3% commission rate. What is the gain or loss for Ryan? (Input the amount as a positive value. Round your answer to the nearest cent.)On October 1, you sold short 100 shares of Wayne stock at $25 per share. On December 1, a dividend of $3 per share was paid. On Jan 1, you covered the short sale by buying the stock at a price of $15 per share. You paid 50 cents per share in commissions for each transaction i.e. for each trade. What is the net gain of the short sale? (Show work for partial credit) O $2500 O $1500 $1200 $1150 O $1100Saved Ryan Neal bought 1,200 shares of Ford (F) at $15.98 per share. Assume a commission of 2% of the purchase price. Ryan sells the stock for $22.25 with the same 2% commission rate. What is the gain or loss for Ryan? Note: Input the amount as a positive value. Round your answer to the nearest cent.
- Given the image: If an investor purchased 150 shares of Sunoco stock at $83.43 and the brokers commision was 2.5%, what is the amount of the commision and the total cost of the purchase?Ryan Neal bought 1,400 shares of Ford at $15.92 per share. Assume a commission of 2% of the purchase price. Ryan sells the stock for $20.23 with the same 2% commission rate. What is the gain or loss for Ryan?Samantha purchased 845 shares of Apple for $172,540 in a margin account and posted initial margin of 45%. His broker, Ritz, stated the maintenance margin requirement is 25%. The price of Apple, below which Samantha would get a margin call, is closest to A. $100 B. $150 C. $200 D. $250
- Myra bought 400 shares of Google at $399.75 per share. Assume a commission of 2% of the purchase price. What's the total to Myra? A. $163,098 B. $156,702 C. $163,980 D. $159,900An investor short sells 250 shares of a stock for $43 per share. The initial margin is 60%. Ignoring transaction costs, how much will be in the investor’s account after this transaction if this is the only transaction the investor has undertaken and the investor has deposited only the required amount?Assuming a 2% commission, calculate the total cost of buying 300 shares of CVS at $102.92. (Round your answer to the nearest cent.) Total cost acer
- Aisha Knox paid a total of $1,500 for 75 shares of stock. He sold the stock for $22.50 a share and paid a sales commission of $49.00. What is the profit or loss from the sale?5000 shares of stock were purchased at $25 per share with a 5% broker commission. The following year they were sold for $28 per share with a 3% broker commission. What was the profit on this investment? You pay the commission both when buying and selling. Commission is added to the buying cost and subtracted from the selling amount. Total Cost of Investment $ (blank) Total Amount Received upon Sale $ (blank) Actual Profit on the Investment $ ( blank0Q.Jenny purchases shares of Shrimp Co. for $32.50 using a margin account with a 50% initial margin. Assuming the maintenance margin is 35%, at what price will Jenny receive a margin call? A.$16.25 B.$27.50 C.$31.50 D.$25.00