Find the total amount received for an automated phone sale of 790 shares of AT&T stock at $24.48 per share through Firm B. The SEC fee as of 2/21 is $5.10/1,000,000, round up to the next penny. (Note: this is a HUGE decrease from the previous fee of $22.10/1,000,000! Which is what is used in the notes.) Review stock purchases and sales here. Brokerage Firm A Brokerage Firm B Brokerage Firm C O Amount received: $19,247.26 O Amount received: $19,326.15 O Amount received: $17,836.55 O Amount received: $19,352.25 Automated (online) $0 $0 $0 Automated (phone) $12.95 $12.95 $5 Broker-Assisted $25 $32.95 $25
Find the total amount received for an automated phone sale of 790 shares of AT&T stock at $24.48 per share through Firm B. The SEC fee as of 2/21 is $5.10/1,000,000, round up to the next penny. (Note: this is a HUGE decrease from the previous fee of $22.10/1,000,000! Which is what is used in the notes.) Review stock purchases and sales here. Brokerage Firm A Brokerage Firm B Brokerage Firm C O Amount received: $19,247.26 O Amount received: $19,326.15 O Amount received: $17,836.55 O Amount received: $19,352.25 Automated (online) $0 $0 $0 Automated (phone) $12.95 $12.95 $5 Broker-Assisted $25 $32.95 $25
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Find the total amount received for an automated phone sale of 790 shares of AT&T stock at $24.48 per share through Firm B. The SEC fee as of 2/21 is $5.10/1,000,000, round up to
the next penny. (Note: this is a HUGE decrease from the previous fee of $22.10/1,000,000! Which is what is used in the notes.)
Review stock purchases and sales here.
Brokerage Firm A
Brokerage Firm B
Brokerage Firm C
O Amount received: $19,247.26
O Amount received: $19,326.15
O Amount received: $17,836.55
O Amount received: $19,352.25
OOO O
Automated (online)
$0
$0
$0
Automated (phone)
$12.95
$12.95
$5
Broker-Assisted
$25
$32.95
$25
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