rubimr872 rubimr872

22-05-2023
Mathematics

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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. Ryan sells the stock for $22.25 with the same 2% commission rate. What is the gain or loss for Ryan? (Input the amount as a positive value. Round your answer to the nearest cent.)

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