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MMLU-Pro / 322 / Mr. Samuels purchased 50 shares of stock when the round lot price was 146(1/8).…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Mr. Samuels purchased 50 shares of stock when the round lot price was 146(1/8). The odd-lot differential on the sale is 1/4 of a point. Using the table of Brokerage Rates below, calculate the Commission on the sale. BROKERAGE RATES ON ODD LOTS Amount of Purchase Commission 100−100 - 799 2.0% plus 4.40upto4.40 up to 65 800−800 - 2,499 1.3% plus 10upto10 up to 65 $2,500 and above .9% plus $20 up to $65
Plain-text mathematical notation (without MathML)
Mr. Samuels purchased 50 shares of stock when the round lot price was 146(1/8). The odd-lot differential on the sale is 1/4 of a point. Using the table of Brokerage Rates below, calculate the Commission on the sale. BROKERAGE RATES ON ODD LOTS Amount of Purchase Commission 100−799 2.0% plus 4.40upto65 800−2,499 1.3% plus 10upto65 $2,500 and above .9% plus $20 up to $65
Original LaTeX notation
Mr. Samuels purchased 50 shares of stock when the round lot price was 146(1/8). The odd-lot differential on the sale is 1/4 of a point. Using the table of Brokerage Rates below, calculate the Commission on the sale. BROKERAGE RATES ON ODD LOTS Amount of Purchase Commission $100 - $799 2.0% plus $4.40 up to $65 $800 - $2,499 1.3% plus $10 up to $65 $2,500 and above .9% plus $20 up to $65

category

business

options

  1. $85.87
  2. $92.50
  3. $75.25
  4. $7,318.75
  5. $49.99
  6. $65
  7. $20
  8. $110
  9. $35
  10. $57.50

src

stemez-Business

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Source and history

upstream_id / Original problem ID
322
task_id
02c45b48-ad8c-5028-9209-b194787c09a8
task_key
default--test--322
task_revision_id
1
config / split
default / test

Official source

initial import