Assume a Differential Rate 12

question 60

Short Answer

Assume a differential rate 12.5 cents for odd lot sales and purchases. Brian purchased 160 shares of PTG stock at $20. Commission charges were $0.20 per share. Compute the total purchase costs.​

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Definitions:

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured or provides reimbursement for health expenses.

Incentive

A benefit, reward, or cost that motivates individuals or entities to act in a particular way.

Rugby Team

A group of players assembled to participate in rugby matches, typically consisting of fifteen players in union or thirteen in league formats.