A U.S. institutional investor would like to buy 10,000 shares of British Polythene Industries. This U.K. firm

Question:

A U.S. institutional investor would like to buy 10,000 shares of British Polythene Industries. This U.K. firm trades on the London stock exchange, but not on the NYSE or NASDAQ. A U.K.-hased of the investor quotes the price as £3.45-3.60, with a commission of 0.10 percent of the transaction value. There is a 0.50 percent U.K. securities transaction tax on purchase. The quoted by a bank is £:$ = 1.5005-1.5010. What would be the total cost in dollars?
Broker
A broker is someone or something that acts as an intermediary third party, managing transactions between two other entities. A broker is a person or company authorized to buy and sell stocks or other investments. They are the ones responsible for... Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...