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The profit is therefore the difference between the advertised price which the customer pays and the discounted price at which it is charged to the agent. This is known as the commission. A wire service affiliate selling agent typically earns 20% of the product and local delivery price, plus services charges.
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In mid-1959, Freedomland Inc. leased the site [5] [15] [19] for 50 years. [20] IRC issued about one million shares , which were then sold to NDC and Freedomland Inc. [ 18 ] [ 20 ] The IRC offered 580,000 shares to the public in July 1959, priced at $17.50 per share, [ 21 ] and the stock offering was quickly oversubscribed . [ 22 ]
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