1 natalia sandino bought 100 shares of cendant at 15 frac14, Ask an Expert

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1. Natalia Sandino bought 100 shares of Cendant AT $15 ¼ per share and was charged a commission of l.5%. She sold the 100 shares later at $22 1/8 and had a flat commission of $25 through a discount broker. Find the profit, ignoring any dividends.

2. Tristan Sandino bought 250 shares of a mutual fund with a NAV of $13.85. This fund also has a load charge of 7%. What did Tristan pay for his investment? (Round your intermediate and final answer to the nearest cent.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92869221

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