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What class of shares charges a commission when withdrawals are made during the first five years?
The class of shares that typically charges a commission when withdrawals are made during the first five years is known as "Class B shares." These shares often have a contingent deferred sales charge (CDSC), which is a penalty applied to withdrawals within a specified period. The CDSC usually decreases over time and may be eliminated after the holding period ends, making them less costly for long-term investors.
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Jackie wants to buy 13 shares of stock at 12.00 per share Her broker charges 10 percent commission for the sale How much will Jackie pay for the stock?
171.60
Jackie wants to sell her 13 shares of stock She can sell them for 20 per share Her broker will charge 10 percent commission?
Jackie Will Get a Total of 234Jackie's Broker Will Get a Total of 26Explanation:Jackie's 13 Shares of Stock, if she can sell them for 20 per share, means they are worth a Total of 13 x 20 = 260 for all 13 Shares.If her broker charges 10% commission for selling those shares, then Jackie would Get a Total of 90% of 260, since 10% of 260 is paid to her broker.So For Selling 13 Shares at 20 per Share, which is 260 Total, then Jackie Will get 90% of the Total and her broker Will get 10%:Jackie Will Get a Total of: 90% of 260 = .90 x 260 = 234 is What Jackie Will Get For Selling Her 13 Shares, after paying her broker's commission.Jackie's Broker Will Get a Total of: 10% of 260 = .10 x 260 = 26 is What Jackie's Broker Will Get if Jackie sells Her 13 Shares at 20 a Share. Jackie's Broker charges a 10% commission for selling shares, which means the Broker will get a 10% of the Total Sale Price of the Shares -- in this case, that is a 10% of 260, which is 26.
What is the least expensive way to sell less than 100 shares of stock?
The least expensive way to sell less than 100 shares of stock is typically to use a discount online brokerage that charges low or no commission fees for trades. Many brokerages now offer commission-free trading, allowing you to sell shares without incurring additional costs. Additionally, consider using a market order, as it generally incurs fewer fees compared to limit orders. Always check for any hidden fees that might apply to your specific brokerage.
Helen pays a 10 percent commission on the cost of the stock she bought at 17.57 per share She purchased 150 shares How much will Helen pay for the stocks and commission?
2899.05
What is the role of underwriter in an ipo?
Underwriters are the institutions/individuals who agree to buy the shares of the company in case the company is unable to sell all its shares to the public. For providing this safety, the underwriters charge a commission to the company for providing this service
Jackie wants to buy 13 shares of stock at 12.00 per share Her broker charges 10 percent commission for the sale How much will Jackie pay for the stock?
171.60
Stoplight Auto Center is selling its shares for 28.75. How much commission would the auto center pay on a sale of 90 shares with a 10 commission?
258.75
Stoplight Auto Center is selling its shares for 28.75 How much commission would the auto center pay on a sale of 90 shares with a 10 percent commission?
258.75
Jackie wants to sell her 13 shares of stock She can sell them for 20 per share Her broker will charge 10 percent commission?
Jackie Will Get a Total of 234Jackie's Broker Will Get a Total of 26Explanation:Jackie's 13 Shares of Stock, if she can sell them for 20 per share, means they are worth a Total of 13 x 20 = 260 for all 13 Shares.If her broker charges 10% commission for selling those shares, then Jackie would Get a Total of 90% of 260, since 10% of 260 is paid to her broker.So For Selling 13 Shares at 20 per Share, which is 260 Total, then Jackie Will get 90% of the Total and her broker Will get 10%:Jackie Will Get a Total of: 90% of 260 = .90 x 260 = 234 is What Jackie Will Get For Selling Her 13 Shares, after paying her broker's commission.Jackie's Broker Will Get a Total of: 10% of 260 = .10 x 260 = 26 is What Jackie's Broker Will Get if Jackie sells Her 13 Shares at 20 a Share. Jackie's Broker charges a 10% commission for selling shares, which means the Broker will get a 10% of the Total Sale Price of the Shares -- in this case, that is a 10% of 260, which is 26.
If you buy 1000 shares of a stock with a 10 Commission and then sell 100 of it with a commission of 10 and then sell 900 later with a 10 comission what is the cost basis of the 100 and 900 shares sold?
To determine cost basis you want to take the total amount paid + commission and calculate your cost per share. Lets say the stock was $10 per share and you bought 1000 shares with a commission of $10. Total cost would be $10,010. Divide that number by 1000 to get your cost per share. This equals $10.01 per share. If you sold 100 shares your cost basis is $1001. If you sold 900 shares your cost basis is $9009. To go one step further when you sell the stock subtract the commission from the sales proceeds. If you sold 100 shares of the stock at $15 with a $10 dollar commission then your total sales proceeds will be $1490. Now just take the sales proceeds of $1490 - the cost basis of $1001 to determine your capital gains or losses. In this example you have a gain of $489. Use this same process to determine gains and losses for the other 900 shares.
Helen pays a 10 commission on the cost of the stock she bought at 17.57 per share. She purchased 150 shares. How much will Helen pay for the stocks and commission?
2899.05
Helen pays a 10 percent commission on the cost of the stock she bought at 17.57 per share She purchased 150 shares How much will Helen pay for the stocks and commission?
2899.05
How much would a stock price need to increasein order for Camerin to break even if he purchased stock for 500 and the commission was a flat 19.95 per trade?
Without knowing how many shares Camerin bought, this can't be answered. The formula you need is (commission / number of shares tendered).
Is charged by Congress to set reporting rules for organizations that sell ownership shares to the public?
the (SEC) Securities and Exchange Commission
Discuss underwriting and dealership in securities?
Underwriting the securities means it is a gurranty given by underwriter, who is an registered with SEBI. that he will subscribe the shares when the shares are not full subscribed by the public. He wll charge some% of commission for the risk he his taking.
What is the role of underwriter in an ipo?
Underwriters are the institutions/individuals who agree to buy the shares of the company in case the company is unable to sell all its shares to the public. For providing this safety, the underwriters charge a commission to the company for providing this service
What is the main purpose of a broker's position in stock brokerage houses?
A stockbroker buys and sells stock shares and securities on your behalf in exchange for a commission.
