If You Purchase a Round Lot of Stock Quoted in the Globe

question 179

Short Answer

If you purchase a round lot of stock quoted in The Globe and Mail at 10.75, the total price you would pay for the stock is ________ plus commission.
$1034.00
$107.50
$10.34
$1075.00
$1000.75

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Definitions:

Rational Behavior

Decision-making behavior that is consistent with logical or sensible choice, aiming to maximize personal advantage in terms of utility or profit.

Economic Actors

Individuals, households, businesses, and governments that make decisions about the allocation of resources and consumption of goods and services in an economy.

Systematic Mistakes

Errors that occur consistently as a result of a flawed system, process, or mechanism.

Statistical Probability

The likelihood of an event occurring, based on the analysis of numerical data.