Answer:
(d)
Step-by-step explanation:
Bond's par value = $500
market value of the bond = 88.754% * 500
= 443.77
Commission rate charged by broker A = 3.1%
Commission of broker A = *443.77
= $13.75687
Commission of broker B = $24
Difference between the commission of broker A and broker B = 24-13.756
= $10.24
Hence, (d) Broker A's commission will be $10.24 less then Broker B's.
Answer:He should take the option one of sales commission of 3.1% on
each bond. If he takes the 2nd option, he is required to pay 24$ per
bond. But if he takes the ist option, he is required to pay 15.5$ per bond.
88.754 is the market rate. Total investment is of 500$. Multiply the commission
rate with the amount and you get 15.5 $. There is a difference of 8.5 dollars
between the two options.
The answer is D
The number of fourths in 2.5 can be obtained by dividing by 0.25. Hence, the number of fourths in 2.5 is 10.
Numberoffourthsin2.5canbecalculatedthus:
Therefore, the Number of fourths in 2.5 is 10.
Learnmore:brainly.com/question/18581754
To determine which load is heavier, oak logs weighing 1 2/3 tons or maple logs weighing 1 7/12 tons, we convert these to improper fractions and find that 44/12 tons (oak logs) is heavier than 19/12 tons (maple logs).
To determine which load weighs more, we must compare 1 2/3 tons of oak logs and 1 7/12 tons of maple logs. First, we need to convert these mixed numbers into improper fractions. For the oak logs, we multiply 3 (the whole number) by 3 (the denominator) and add 2 (the numerator), giving us 11/3 tons. For the maple logs, we multiply 1 by 12 (the denominator) and add 7 (the numerator), giving us 19/12 tons.
To compare, we convert these fractions so they have a common denominator:
11/3 tons is equal to 44/12 tons when multiplied by 4/4.
19/12 tons remains unchanged as it already has the common denominator of 12.
Now we compare 44/12 (oak logs) and 19/12 (maple logs). 44/12 tons is greater than 19/12 tons, so the load of oak logs weighs more than the load of maple logs.
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