Author Question: Juan purchased 150 shares of stock at 15 per share. The commission is 2 for round lots and an ... (Read 204 times)

NClaborn · **on:** Jun 24, 2018

Juan purchased 150 shares of stock at 15 per share. The commission is 2 for round lots and an additional 3 for odd lots. What is the total cost of the transaction?
a. 22.50

b. 2,302.50

c. 30

d. 2,250

Question 2

A 0-1 variable, also called a binary variable, is a variable that must equal 0 or 1.
a. True
b. False
Indicate whether the statement is true or false