Mrs. Brown is a social worker with a salary of $26000 per year. She also works 10 hours per week part-time on weekends at a reta
1 answer:
You might be interested in
The number of shares could he buy is 63.19 and 126.38. Then the profit gained by Bob is $764.68.
<h3>What is the profit gained by Bob?</h3>
Bob Orleans invested $3,000 and borrowed $3,000 to purchase shares in Verizon Communications.
At the time of his investment, Verizon was selling for $47 a share.
If Bob paid a $30 commission, then the number of shares could he buy if he used only his own money and did not use margin.
If Bob paid a $60 commission, then the number of shares could he buy if he used his $3,000 and borrowed $3,000 on margin to buy Verizon stock will be
Assume Bob did use margin and paid a $60 total commission to buy his Verizon stock. Also, assume he paid another $60 to sell his stock and sold the stock for $54 a share. Then the profit will be
More about the profit link is given below.
#SPJ1