Question

Through Viking Brokerage, Erin purchased $23,510 worth of stock and paid

Answer 1

The most appropriate choice for stocks and net proceeds will be given by-

Net proceeds of Erin = $3533.9

What is stock and net proceeds?

Stock

Stock is a part of share set up by the company so that people can buy.

Net proceeds

After deducting all expenses, amount recieved by the seller after selling of stocks is called net proceeds.

Worth of stocks purchased by Erin  = $23510

Percentage paid to her broker = 1%

Amount paid to broker = $\frac{1}{100}\times 23510$

                                      = $235.1

Now price of stocks increased to $27300

Net profit = $(27300 - 23510)

                = $3790

Net proceeds = $(3790 - 235.1 - 21)

                        =$3533.9

To learn more about stock and net proceeds, refer to the link:

brainly.com/question/1349038

#SPJ9