A hypothetical investor purchased 200 shares of Amazing Corp. common stock at a per share price of $30.00 on July 2, 2020. The same investor then sold 100 shares of the investment, on Sept. 3, 2020 at $19.00 per share. The same investor subsequently sold the remaining 100 shares of the initial investment, for $57.00 per share on April 7, 2021. All of the transactions were executed through the same broker that charged a 1% commission on the value of each of the trades. Find the (Show your Calculations): a) Total amount of commissions the investor paid on all of the transactions? b) Proceeds on all of the transactions? c) Amount of profit (or loss) made by the investor on the entire transaction
A hypothetical investor purchased 200 shares of Amazing Corp. common stock at a per share price of $30.00 on July 2, 2020. The same investor then sold 100 shares of the investment, on Sept. 3, 2020 at $19.00 per share. The same investor subsequently sold the remaining 100 shares of the initial investment, for $57.00 per share on April 7, 2021. All of the transactions were executed through the same broker that charged a 1% commission on the value of each of the trades.
Find the (Show your Calculations):
a) Total amount of commissions the investor paid on all of the transactions? b) Proceeds on all of the transactions?
c) Amount of profit (or loss) made by the investor on the entire transaction?
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