SOLUTION: suppose that you bought 600 shares of AT&T,paying the price per share at which a share traded when the stock exchange closed yesterday. If the broker charges 2.5% of the price paid
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Question 637546: suppose that you bought 600 shares of AT&T,paying the price per share at which a share traded when the stock exchange closed yesterday. If the broker charges 2.5% of the price paid for all 600 shares,find the broker's commission.
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Multiply 600 times yesterday's share price times 0.025.
John
My calculator said it, I believe it, that settles it
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