Ryan Neal bought 1,200 shares of Ford at $15.98 per share. Assume a commission of 2% of the purchase price. What is the total cost to Ryan? (Round your answer to the nearest cent.) Total cost

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Ryan Neal bought 1,200 shares of Ford at $15.98 per share. Assume a commission of 2% of the purchase price. What is the total cost
to Ryan? (Round your answer to the nearest cent.)
Total cost
Transcribed Image Text:Ryan Neal bought 1,200 shares of Ford at $15.98 per share. Assume a commission of 2% of the purchase price. What is the total cost to Ryan? (Round your answer to the nearest cent.) Total cost
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The sum of all the costs of producing a certain amount of production incurred by a corporation.

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