Question
The commission structure on a stock purchase is $15 plus $0.02 per share. If you purchase five round lots of a stock selling for $50,
The commission structure on a stock purchase is $15 plus $0.02 per share. If you purchase five round lots of a stock selling for $50, what is your commission?
$15
$25
$5
$10
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Fundamentals of Corporate Finance
Authors: Berk, DeMarzo, Harford
2nd edition
132148234, 978-0132148238
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