Yes, licensees may utilize templates that were designed or approved by lawyers. If Roberto, a licensee, filled out the boxes on a typical form used by his brokerage company.
In order to complete a transaction for stock shares, bonds, options, and other financial instruments, a brokerage firm or brokerage company acts as a middleman between buyers and sellers.
Following the completion of the transaction, commissions or fees are levied as payment to the broker.
The majority of discount brokerages now provide zero-commission stock trading to its clients. The businesses compensate for this revenue loss from other sources, such as compensation from the exchanges for large orders and trading commissions for other goods like mutual funds and bonds.
- A brokerage firm typically serves as a middleman, bringing together buyers and sellers to streamline a transaction.
- A set annual charge or fees per transaction are used to pay full-service brokerage firms.
Learn more about brokerage firms here
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Answer:
the maximum loan could bank made as the direct result of the deposit is $1,800
Explanation:
The computation of the maximum loan could bank made as the direct result of the deposit is given below:
= Deposit amount × (1 - required reserve ratio)
= $2,000 × (1 - 0.10)
= $2,000 × 0.90
= $1,800
hence, the maximum loan could bank made as the direct result of the deposit is $1,800
Answer:
b. $299,574
Explanation:
For calculating the ask price, we first need to compute the present value which is attached in the spreadsheet.
In this question, we use the present value formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Future value = $0
Rate of interest = 7.5%
NPER = 25 years - 1 years = 24 years
PMT = $25,000
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value is $278,673.65
Now the ask price is
= $274,574.17 + $25,000
= $299,574.17
Answer: True
Explanation:
An Oligopolistic market is one where the suppliers are very few in number. Cooperation is indeed difficult in such markets as they are motivated by self-interest to try to make more profits than their competitors.
This usually leads to an undesirable outcome. For instance, if two oligopolistic firms agree on a price to sell goods, one of them might decide to sell at a lower price in order to gain more market share. This will cause the other firm to reduce its prices as well which means that both companies would be worse off than when they started.