II.Determine the total transaction fee of each stock investment when it will be sold. Complete the table below and round off your answer to the nearest hundredths. Table 1. Computation 300 shares x P102.25 Fees Gross Trade Amount less Broker's Commission Value Added Tax PSE transaction fee Clearing Fee Sales tax Total Amount (1). P 0.0025 x P. _(2). _(4). |0.00005 x P. P. P. P. (3). (5). _(7). _(9). _(11). (12). 0.12 x P (6). 0.0001 x P _(8. P 0.005 x P. (10). P. P

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
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II.Determine the total transaction fee of each stock investment when it will be sold.
Complete the table below and round off your answer to the nearest hundredths.
Table 1.
Fees
Gross Trade Amount
Computation
300 shares x P102.25
Amount
(1).
less
Broker's Commission
Value Added Tax
PSE transaction fee
| Clearing Fee
|Sales tax
0.0025 x P
(2).
(4)
_(6).
(8)
(10)
(3).
(5)
().
_(9)
(11).
(12)
0.12 x P
0.00005 x P
0.0001 x P
0.005 x P
Total
Transcribed Image Text:II.Determine the total transaction fee of each stock investment when it will be sold. Complete the table below and round off your answer to the nearest hundredths. Table 1. Fees Gross Trade Amount Computation 300 shares x P102.25 Amount (1). less Broker's Commission Value Added Tax PSE transaction fee | Clearing Fee |Sales tax 0.0025 x P (2). (4) _(6). (8) (10) (3). (5) (). _(9) (11). (12) 0.12 x P 0.00005 x P 0.0001 x P 0.005 x P Total
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