The total cost for purchasing 100 shares equals the cost:
a. Investment cost + Transaction fees = [$19 x 100] + [($19 x 100) x 0.04] =
b. Investment cost + Transaction fees = [$19.50 x 100] + 0 = $1,950.00
c. Investment cost + Transaction fees =
Tutorial Chapter 10
Graham and Eustacia Leyland are planning to buy a $185,000 home. The home is located
3 miles from a river that occasionally overflows its banks after a heavy rain. They
estimate that their personal property is worth $75,000 but they re
Tutorial chapter 10
1. Answer: Not completely because the individual limit on coin collections is $2,500 for
most policies. They would need to purchase a personal articles floater to provide
complete replacement cost coverage for the collection.
Tutorial chapter 11
1) Calculate the total cost of purchasing 100 shares of each of the following funds. Remember to
include both sales commission and any transaction costs.
a load mutual fund that sells for an NAV of $ 19 per share and charges a sales co