At Your Full-Service Brokerage Firm, It Costs $125 Per Stock

question 87

Multiple Choice

At your full-service brokerage firm, it costs $125 per stock trade. How much money do you receive after selling 200 shares of Time Warner, Inc. (TMX) , which trades at $29.54?

• A) $5,783.00
• B) $5,908.00
• C) $6,033.00
• D) $19,092.00

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Definitions:

Defense Mechanisms

Unconscious strategies used by individuals to protect themselves from anxiety or unacceptable thoughts and feelings.

Projection

a defense mechanism where individuals attribute their own undesirable feelings, thoughts, or motivations to someone or something else.

Intellectual Inferior

The perceived or actual condition of having lower mental capacity or cognitive abilities compared to a standard or to others.

Reality Principle

in psychoanalytic theory, is the ability of the mind to assess the external world and act upon it accordingly, as opposed to acting on the pleasure principle.