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leonid [27]
4 years ago
7

Pierce wishes to purchase a municipal bond with a par value of $500 from Chattahoochee County, and he is trying to decide which

broker he should employ to purchase the bond. Broker A charges a 3.1% commission on the market value of each bond sold. Broker B charges a flat $24 for each bond sold. If the bond has a market rate of 88.754, which broker will give Pierce the better deal, and by how much?
Business
2 answers:
Mrrafil [7]4 years ago
6 0

He should take the option one of sales commission of 3.1% on each bond. If he takes the 2nd option, he is required to pay 24$ per bond. But if he takes the ist option, he is required to pay 15.5$ per bond. 88.754 is the market rate. Total investment is of 500$. Multiply the commission rate with the amount and you get 15.5 $. There is a difference of 8.5 dollars between the two options.

Burka [1]4 years ago
5 0

the answer to this is d


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rusak2 [61]

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<h3>What is a loan?</h3>

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Therefore, option D is appropriate.

Learn more about the consolidation loan, here:

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The complete question is probably

A _____ loan is intended to help consumers who have an unhealthy credit situation caused by overusing their credit.

a. personal

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Relationship marketing involves building and preserving interaction with customers over period via online marketing or other techniques which improve their chances of coming back to your company in the future. In particular, regular customers are essential because they are major sources of new clients and reviews and are also inclined to make repeated purchases.                            

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egoroff_w [7]

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