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What the total adjusted cost base would be closest to

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Question 1: An investor purchased 300 shares of ABC Security at $12, paying a flat commission of $100. A year later, she bought another 200 shares at $9 and the commission was 1% of the purchase price. If she sold 250 shares, the total adjusted cost base would be closest to...

a) $2,700.

b) $2,750.

c) $3,050

d) $3,075.

Reference no: EM132591842

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