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Suppose if the face value of the share i...

Suppose if the face value of the share is 100 and market value
is 150. Let the rate of brokerage to 0.5. What amount should one
pay for purchasing 100 such shares? What amount should one
receive after selling 100 such shares?

Text Solution

Verified by Experts

The correct Answer is:
For purchase =15075
For sale=14925
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