What did tristan pay for his investment

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Reference no: EM132032569

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.)

Reference no: EM132032569

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