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Nancy Billows Bought 150 Shares of NBC Universal Stock at $22.885

Question 89

Multiple Choice

Nancy Billows bought 150 shares of NBC Universal stock at $22.885 per share. Her broker charged her $22.05 for the brokerage commission. What is the average cost per share (include brokerage fee) to the nearest cent?


A) $23.03
B) $20.03
C) $32.03
D) $33.02
E) $29.69

Correct Answer:

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