Question
Doloress purchased 1,000 shares of the S&P 500 index (SPY) at $300 per share, inside her $1.1 million fee-only account this year. The planners firm
Doloress purchased 1,000 shares of the S&P 500 index (SPY) at $300 per share, inside her $1.1 million fee-only account this year. The planners firm charges commissions of $0.27 per share and 1% on fee-based accounts. How much does her planner charge this year?
Group of answer choices
$3,000
$11,000
$11,270
$270
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N. Hyman
9th Edition
0324537190, 9780324537192
