An investor bought 720 shares of a stock for Php 108.26 per share. If the broker's commission was 2%, find the amount of the commission and the amount the investor paid for the stocks inclusive of the commission fee.
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An investor bought 720 shares of a stock for Php 108.26 per share. If the broker's commission was 2%, find the amount of the commission and the amount the investor paid for the stocks inclusive of the commission fee.
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- Given the image: If an investor purchased 150 shares of Sunoco stock at $83.43 and the brokers commision was 2.5%, what is the amount of the commision and the total cost of the purchase?5000 shares of stock were purchased at $25 per share with a 5% broker commission. The following year they were sold for $28 per share with a 3% broker commission. What was the profit on this investment? You pay the commission both when buying and selling. Commission is added to the buying cost and subtracted from the selling amount. Total Cost of Investment $ (blank) Total Amount Received upon Sale $ (blank) Actual Profit on the Investment $ ( blank0An investor bought 1,000 shares of ABC company at $15 per share. One year later, the investor sold the shares for $20. The investor earned dividends of $1000 over the one-year holding period. The investor also spent a total of $250 on trading commissions in order to buy and sell the shares. Calculate the HPR of the investment.
- Angel bought $20,375 worth of stock on margin and borrowed $4,651 from his broker. What is the percentage margin in Angel's account?The following lists the six New York Stock Exchange volume leaders on June 24. An investor buys 100 shares of GE at the Last Trade price, pays a $100 commission on the purchase, and sells the 100 shares a year later for $37.78 per share with a 2% commission on the sale. (a) Find the total cost.$ (b) Find the total dividend.$ (c) Find the commission when selling the shares.$ (d) Find the capital gain when selling the shares.$ (e) Find the total return for the year.$ (f) Find the percent of return. (Round your answer to two decimal places.)A corporation purchases 5,595 shares of its own $3 par common stock for $25 per share, recording it at cost. What will be the effect on total stockholders' equity?
- Use the commission schedule from Company A shown in the table to find the annual rate of interest earned on the investment. (Note: commissions are rounded to the nearest cent.) Principal (Value of Stock) Commission Under $3,000 $25+1.8% of principal $3,000 to $10,000 $37+1.4% of principal Over $10,000 $107+0.7% of principal An investor purchases 396 shares at $12.01 a share, holds the stock for 45 weeks, and then sells the stock for $16.63 a share. The annual rate is My wrong answer >>>>37.55%. (Round to five decimal places.)On January 1, you sold short one round lot (i.e., 100 shares) of Four Sisters stock at $21 per share. On March 1, a dividend of $2 per share was paid. On April 1, you covered the short sale by buying the stock at a price of $15 per share. You paid 50 cents per share in commissions for each transaction. What is the value of your account on April 1?An investor purchases 1000 shares of a company at GHS20 per share using his own equity of GHS10,000 and borrowing the rest from his broker at 20% per annum. If all the shares were sold one year later at GH¢28.50, calculate (a) the amount of money borrowed from the broker (b) the return on his equity taking into consideration all brokerage fees paid amounting 2.5% of the value of investment both for buying and selling of investment. (c) Return on his investment.
- Use the commission schedule from Company A shown in the table to find the annual rate of interest earned on the investment. (Note: commissions are rounded to the nearest cent.) An investor purchases 333 shares at $10.28 a share, holds the stock for 25 weeks, and then sells the stock for $13.26 a share. The annual rate is ____%An investor purchased 500 shares of Electric Shaver Corporation stock at a price of $22.50 per share. One year later, the shares are selling for $21 each. The stock paid a dividend of $1.50 per share. What is the total percentage return on the investment? Group of answer choices -6.76% 0.00% 6.76% 7.14%On January 1, you sold short one round lot (that is, 100 shares) ofFour Sisters stock at $21 per share. On March 1, a dividend of $2 per share was paid. OnApril 1, you covered the short sale by buying the stock at a price of $15 per share. You paid50 cents per share in commissions for each transaction. What is the value of your accounton April 1?