Your broker charges you 2.5% commission on the market value of bonds you buy or sell. If you wish to buy a par value $1,000 bond

Question

3 years ago

15

Your broker charges you 2.5% commission on the market value of bonds you buy or sell. If you wish to buy a par value $1,000 bond

from Cuyahoga County with a market rate of 86.681, approximately how much will you owe your broker? a. $25.00 b. $21.67 c. $89.18 d. $27.17 Please select the best answer from the choices provided A B C D

Mathematics

2 answers:

kompoz [17] · Answer 1 · 2022-06-08T19:21:27+03:00

kompoz [17]3 years ago

8 0

Answer: its B i know bc i know now finish your quiz so you can graduate on time.

Sauron [17] · Answer 2 · 2022-06-08T17:39:49+03:00

Sauron [17]3 years ago

5 0

B. $21.67 is the answer.