How much did Wanda Sotheby pay for Home Depot?
Wanda Sotheby purchased 130 shares of Home Depot stock at $60 a share. One year later, she sold the stock for $69 a share. She paid her broker a commision of $36 when she purchased the stock and a commision of $43 when she sold it. During the 12 months she owned the stock, she received $122 in dividends.
How much did Sarah and James Hernandez pay for Macy's stock?
Sarah and James Hernandez purchased 260 shares of Macy's stock at $20 a share. One year later, they sold the stock for $25.00 a share. They paid a broker a commision of $6 when they purchased the stock and a commision of $10 when they sold the stock.
How much did Bob Orleans invest in Verizon?
Bob Orleans invested $10,000 and borrowed $10,000 to purchase shares in Verizon Communications. At the time of his investment, Verizon was selling for $10 a share. c.Assume Bob did use margin and paid a commission of $100 to buy his Verizon stock.