Question: Can someone help me with the problem below the topic is about Stocks and Bonds Samuel purchases 210 shares of UNITECH common stock at Php5,200
Can someone help me with the problem below the topic is about Stocks and Bonds Samuel purchases 210 shares of UNITECH common stock at Php5,200 per share. Several months later, he sells the shares at Php4,800. His stockbroker charges 6% commission on round lots and 7% on odd lots (1) How much is the cost of purchasing the shares? 2. How much is the broker's commission when Samuel purchase the stocks? 3. What is the total when purchasing the 210 shares? 4.How much is the proceeds from selling the stocks?
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