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Question 1. Question 2. Question 3. Question 4. Solve the following application problem. Assume the cost of buying or selling the stock of each company
Question 1.
Question 2.
Question 3.
Question 4.
Solve the following application problem. Assume the cost of buying or selling the stock of each company has a commission of $7.95. Annie Bates purchased 200 shares of Stock A at $26.95 and 500 shares of Stock B at $34.72. Find the total cost. The total cost is $(Type an integer or a decimal.) Anita Fields purchased 20 bonds of ABC company at the close. Find the total cost and annual interest. Assume a commission of $5 per bond. Company (Ticker) Coupon Company ABC 1.960 Maturity May 24, 2024 Last Price 104.657 Last Yield 1.941 ESTS VOL (000's) 248,767 .... The total cost is $ (Type an integer or a decimal.) Divide the profit using the following information. Partners Investment $60,000 $30,000 Method Ratio of Investment Profit $56,400 2 .... The first partner receives a profit of $(Round to the nearest dollar as needed.) Divide the profit using the following information. Partners Investment 1 $50.000 2 $20.000 Method Profit $25,000 12% return to Partner 1: balance in ratio 7:3 Partner 1 receives a profit of $(Round to the nearest dollar as needed.)Step by Step Solution
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