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?
Unbundling refers to the creating of new securities by _____________
a)selling individual cash flows of a security or loan
b)repackaging individual cash flows of a security or loan into a new payment pattern
c)taking an illiquid asset and converting it into a marketable security.
d)selling financial services overseas as well as in the U.S
An open-end fund has a NAV of $15.50 per share. The fund charges a 6% load. What is the offering price?