Your discount brokerage firm charges $8.30 per stock trade. How much money do you need to...
Your discount brokerage firm charges $8.30 per stock trade.
How much money do you need to buy 340 shares of Time Warner, Inc. (TWX), which trades at $27.02? (Round your answer to 2 decimal places.)
Amount Needed:
Homework Answers
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Amount needed = Price of stock + Brokerage = (340*27.02) + 8.30 = 9186.80 + 8.30 = 9,195.10 |
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