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She had a net gain of $400 or got 9.6% on her initial total investment over 6 months. She will have to pay $60 in taxes (15% capital gains tax).

If she put $9500 in a Bank CD, she would have not had the $285 for investments costs, but would have only made (approx.) $47.50 in a 6 month CD.

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11y ago
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Q: An investor purchased 500 shares of a stock at 19 per share The commission she paid to buy the stock was 65 plus 0.3 percent of the principal amount Six months later she sold the stock for 20.50 per s?
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