Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Math Posted 31 May 2018 My Price 3.00

shares of a company's stock

 Sandy made several investments. She bought 1000 shares of a company's stock for $8.60/share, she bought a bond with a face value of $2500 and a coupon rate of 7%, and she invested $5000 into a fund that is expected to grow by 3.5% per year. Sandy pays a broker a commission of $14 to buy and sell stock. After one year, Sandy sold all her shares, when they were worth $9.15/share. What was her net gain or loss? Show your work.

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Maurice Tutor
(5)
Status NEW Posted 31 May 2018 06:05 PM My Price 3.00

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