How much must the portfolio increase in value to break even


Problem

Xiophie plans on purchasing 20 shares of each of the following two ETFs. Fund A costs $301.22 per share and Fund B costs $73.25 per share. The brokerage firm charges $30 to purchase shares in each ETF. How much must the portfolio increase in value to break even after paying commissions?

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Finance Basics: How much must the portfolio increase in value to break even
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