The Chapman's purchased 150 shares at $85 per share and paid $34 of commission. What is the amount they spent on this purchase? $
The next year they bought an additional 500 shares from the same company at $78 per share and paid a 3% commission.
What is the amount they spent on this purchase? $
What was the total cost per share? $
Three years later they sold the original 150 shares plus another 200 shares from the second purchase for $82 per share and paid a $430 commission on
the sale.
What was the profit or loss from the sale?
It was a
• of $
.