Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Connect with professionals on our platform to receive accurate answers to your questions quickly and efficiently. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

Fred is a broker who charges 1% per stock transaction. A competing online broker charges $26
per trade. If someone is planning to purchase stock, at what purchase price would Fred's
commission be the same as the online broker fee?