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You are a French institutional investor and wish to buy 1,000 shares of General Motors. Your U.S. broker quotes 4545 , with a commission of
You are a French institutional investor and wish to buy 1,000 shares of General Motors. Your U.S. broker quotes 4545 , with a commission of 0.20% of the transaction value. Your bank quotes the $/ rate at 1.10001.1100 net. What would be your total cost in euros?
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