[Answered] You purchase 550 shares of Locke International common stock at 28.50 per share. Your stockbroker ...

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Author Question: You purchase 550 shares of Locke International common stock at 28.50 per share. Your stockbroker ... (Read 158 times)

jparksx

Hero Member
Posts: 570

on: Jun 24, 2018

You purchase 550 shares of Locke International common stock at 28.50 per share. Your stockbroker charges 3 commission on round lots and 3.5 on odd lots. What is the broker's fee?

Question 2

Marquita borrowed 10,000 on June 19 and repaid the loan on November 8. The loan was for 142 days.
Indicate whether the statement is true or false

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Jmfn03

Sr. Member
Posts: 323

Reply #1 on: Jun 24, 2018

Answer to Question 1

477.38

Answer to Question 2

TRUE

jparksx

Hero Member
Posts: 570

Reply #2 on: Jun 24, 2018

Thank you

Jmfn03

Sr. Member
Posts: 323

Reply #3 on: Jun 24, 2018

Happy to help you

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