Calculate the total commission
Problem:
Someone bought 320 shares of DNA at 35 3/4 from broker. He charges 1.6% for the transaction. Odd lot carry 1/8 of a dollar brokerage differential.a. Calculate the total commission
b. Calculate total cost of securities
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Based on the $24,099 price, what rate was TMCC paying to borrow money?
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a. Calculate the total commission b. Calculate total cost of securities
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Compare the equity method of accounting to the fair value method for equity securities.
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