Alfredo Gutierrez bought 2 000 shares of a phone company s

Last updated: 4/25/2023

Alfredo Gutierrez bought 2 000 shares of a phone company s stock at 36 50 per share He sold his stock at 48 25 per share Each transaction paid a sales commission of 49 95 plus 0 02 per share a What was the net amount of the sale b What was the profit or loss from the sale