Author Question: You sell 825 shares of Medic Corporation common shares for 38.15. Your stockbroker charges 2.5 ... (Read 138 times)

mspears3

  • Hero Member
  • *****
  • Posts: 586
You sell 825 shares of Medic Corporation common shares for 38.15. Your stockbroker charges 2.5 commission on round lots and 3.5 on odd lots. What are the proceeds on this sale?

Question 2

Xander takes out a loan on March 1 and the loan is for 120 days. The maturity date of the loan is July 2.
  Indicate whether the statement is true or false



polinasid

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

30,677.37

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library