Lance bought 120 shares of stock at $25.28 per share. Several months later he sold the stock at $24.70 per share. His broker charges 3% commission for round lots and 4% for odd lots. Calculate the gain or loss on the transaction. (Show loss in parentheses)

A) $3,139.66
B) $3,033.60
C) $259.52
D) ($259.52)


D

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