Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

- The following are the brokerage fees charged by commonwealth securities when you trade online and settle your trade to a CDIA or CommSec Margin

image text in transcribed
- The following are the brokerage fees charged by commonwealth securities when you trade online and settle your trade to a CDIA or CommSec Margin Loan: - $10.00 (Up to and including $1,000 ) - $19.95 (Over $1,000 up to $10,000 (inclusive)) - $29.95 (Over $10,000 up to $25,000 (inclusive)) - 0.12% (Over $25,000) - If you buy $1,000 worth of shares in a company and sell them a year later, what is amount of the brokerage fee you have to pay? - If you invest $50,000 in a company, what is amount of the brokerage fee you have to pay? - Use excel to do the calculations. Report back to the class. - The following are the brokerage fees charged by commonwealth securities when you trade online and settle your trade to a CDIA or CommSec Margin Loan: - $10.00 (Up to and including $1,000 ) - $19.95 (Over $1,000 up to $10,000 (inclusive)) - $29.95 (Over $10,000 up to $25,000 (inclusive)) - 0.12% (Over $25,000) - If you buy $1,000 worth of shares in a company and sell them a year later, what is amount of the brokerage fee you have to pay? - If you invest $50,000 in a company, what is amount of the brokerage fee you have to pay? - Use excel to do the calculations. Report back to the class

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance Directors Handbook

Authors: Glynis D Morris, Sonia McKay, Andrea Oates

5th Edition

1566768691, 978-1566768696

More Books

Students also viewed these Finance questions

Question

How is the NDAA used to shape defense policies indirectly?

Answered: 1 week ago

Question

Describe the patterns of business communication.

Answered: 1 week ago

Question

3. Provide two explanations for the effects of mass media

Answered: 1 week ago