Net profit on a stock sale

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Net profit on a stock sale

From A. Meshar [AWMA]

CompuServe ID: [75561,633]

This rudimentary equation calculates the profit after commissions and taxes on the sale of shares of stock. Enter your personal effective tax rate (federal, state, others?) as a percentage or a fraction, e.g. 42 or 0.42:

{Net profit|NET_PROFIT=

(-((buy_price*buy_shares)+

buy_comm)+((sell_price

sell_shares)-sell_comm))

(1-(if(tax_rate>1,tax_rate/

100,tax_rate)))

}

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