Author Question: You sell 825 shares of Medic Corporation common shares for 38.15. Your stockbroker charges 2.5 ... (Read 135 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?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

For a complete list of videos, visit our video library