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Benberg Finance Assignment

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Question;The commission structure on a stick purchase is $35 plus $0.025 per share. If you purchase 4 round lots of a stock selling at $65, what is your commission?a) $35b)$45c)$53d$66Unbundling refers to the creating of new securities by _____________a)selling individual cash flows of a security or loanb)repackaging individual cash flows of a security or loan into a new payment patternc)taking an illiquid asset and converting it into a marketable security.d)selling financial services overseas as well as in the U.SAn open-end fund has a NAV of $15.50 per share. The fund charges a 6% load. What is the offering price?a)14.57b)15.95c)16.43d)16.49

 

Paper#49800 | Written in 18-Jul-2015

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