Question

Rachel bought 1,500 shares of Cawh Consolidated Bank at a price of $24. 85 each. As the price climbed, she sold off parts of her holdings. She sold off 250 shares at $28. 32 apiece, she sold 800 of her shares at $33. 60 apiece, and she sold off the remainder of her shares at $39. 94 apiece. If Rachel’s broker charges a commission of $65 per $1,000 of stock bought or sold, how much profit did Rachel make, to the nearest dollar? a. $20,459 b. $51,933 c. $14,661 d. $8,859 Please select the best answer from the choices provided A B C D.

Answer 1

Answer:

c

Step-by-step explanation: