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Give 2 step solution with explanation and final answer: Suppose you bought XCYZ stock 1 year ago for $ 5 . 9 2 per share and sell it at $ 3 . 5 9 . You also pary a commission of $ 0 . 1 5 per share on your saide. What is the lotal return on your investrent? The total return is ◻ K . ( Round to the nearest tenth as needed )HL ; RE HEE Lip H i i ; 1] ¥ i i | : E 1 |

Question:

Give 2 step solution with explanation and final answer: Suppose you bought XCYZ stock 1 year ago for $ 5 . 9 2 per share and sell it at $ 3 . 5 9 . You also pary a commission of $ 0 . 1 5 per share on your saide. What is the lotal return on your investrent? The total return is ◻ K . ( Round to the nearest tenth as needed )Uploaded ImageHL ; RE HEE Lip H i i ; 1] ¥ i i | : E 1 |

This is AI generated Response.
Asked by: Pagal
Created at: 2025-07-09 07:06:34

Final Answer:

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Let's break down the problem step by step: ### **Step 1: Calculate the Net Selling Price per Share** - **Selling price:** $3.59 - **Commission paid on sale:** $0.15 - **Net selling price per share:** \[ \text{Net selling price} = \$3.59 - \$0.15 = \$3.44 \] ### **Step 2: Calculate Total Return** - **Purchase price:** $5.92 - **Net selling price:** $3.44 - **Total return per share:** \[ \text{Total return} = \frac{\text{Net selling price} - \text{Purchase price}}{\text{Purchase price}} \times 100 \] \[ = \frac{3.44 - 5.92}{5.92} \times 100 \] \[ = \frac{-2.48}{5.92} \times 100 \approx -41.9\% \] --- ## **Final Answer:** **The total return is -41.9%.** (Rounded to the nearest tenth as needed)

Question:

give answer in 2 step with explanation at the end of each step and final answer at the end:

This is AI generated Response.
Asked by: Pagal
Created at: 2025-07-09 07:08:16

Final Answer:

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Let's solve this problem step by step: ### **Step 1: Calculate the net selling price per share after commission** - **Selling price per share:** \$3.59 - **Commission paid on sale:** \$0.15 - **Net selling price per share:** \[ \$3.59 - \$0.15 = \$3.44 \] *Explanation:* Since a commission is paid on the sale, the actual amount received per share after selling is less than the sale price. Subtracting the commission gives the net amount received per share. --- ### **Step 2: Calculate the total return on the investment** - **Purchase price per share:** \$5.92 - **Net selling price per share:** \$3.44 - **Total return per share:** \[ \frac{\text{Net selling price} - \text{Purchase price}}{\text{Purchase price}} \times 100 = \frac{3.44 - 5.92}{5.92} \times 100 = \frac{-2.48}{5.92} \times 100 \approx -41.9\% \] *Explanation:* The total return is the percentage change from the purchase price to the net selling price. Since the selling price is lower, the return is negative, indicating a loss. --- ### **Final Answer:** **The total return on your investment is approximately -41.9%.**

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