cathydavis1
New member
- Joined
- Jun 13, 2011
- Messages
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My son has three math questions that he needs answers to and to show the work to validate answers:
(1) What is the brokerage fee for 150 shares of stock at 11 1/2 per share?
(2) Rosalie Hill sold twelve $1,000 bonds having a quoted price of 102. The broker charged a 1 1/2
brokerage fee. what was the amount Miss Hill received?
(3) Bond's face value: $1,000 Quoted Price: 98 Interest Rate: 10% Accrued interest period: Jan. 1
through Jan. 11 Accrued interest: ?
(1) What is the brokerage fee for 150 shares of stock at 11 1/2 per share?
(2) Rosalie Hill sold twelve $1,000 bonds having a quoted price of 102. The broker charged a 1 1/2
brokerage fee. what was the amount Miss Hill received?
(3) Bond's face value: $1,000 Quoted Price: 98 Interest Rate: 10% Accrued interest period: Jan. 1
through Jan. 11 Accrued interest: ?