Answered

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If I had invested in Auto Zone in January, 1998, when the market quote was 30.25, 100 shares would have cost me ______________. If there was a commission fee back then of $75, the total cost of this investment would have been _______________.

Sagot :

Samawati

Answer:

if I had invested in Auto Zone in January, 1998, when the market quote was 30.25, 100 shares would have cost me $3,025. If there was a commission fee back then of $75, the total cost of this investment would have been $3,100

Explanation:

In January , 1998. the quote per share was $30.25

The cost for 100 shares will be

=$30.25 x 100

=$3,025

Total cost including commision

=$3,025 + 75

=$3,100

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