Find the break even selling price for an investor

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Reference no: EM131307133

1. Find the break-even selling price for an investor who purchases 150 shares of a stock at $35 each and pays a 4% commission. Assume that the selling commission is at the same rate of purchase commission. Verify your answer.

2. Determine the break-even point for a person who contemplating retiring 4 years early and receiving $62,000 as opposed to $71,000 if he retires on time.

Reference no: EM131307133

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