Investing in Stocks Answers

Broker P charges a commission of $8.50 for every ten shares of stock, and Broker Q charges a fee of $65.00 for every thousand dollars bought or sold. If stock in Ergar Appliances costs $18.75 per share and you buy 500 shares, which broker is the better deal, and by how much?a.Broker Q will charge $375.35 less than Broker P.b.Broker Q will charge $160.22 less than Broker P.c.Broker P will charge $184.38 less than Broker Q.d.Broker P will charge $425.00 less than Broker Q.

Liz owns stock in Nar Heating/Cooling and Cilla Shipping. She owns 120 more shares of Cilla Shipping than she does of Nar Heating/Cooling. Nar Heating/Cooling pays a yearly dividend of $5.78 per share, and Cilla Shipping pays a yearly dividend of $4.15 per share. If Liz receives $1630.02 in dividends annually, how many shares of Nar Heating/Cooling does she own?a.196 sharesb.114 sharesc.348 sharesd.282 shares

Stock in Trochel Office Supplies trades at $72.40 per share and pays a yearly dividend of $6.92 per share. If David owns stock in Trochel Office Supplies worth $6,443.60, how much does he get paid in yearly dividends?a.$678.16b.$931.16c.$615.88d.$560.52

What is the SEC?a.The largest stock exchange in North Americab.The margin of profit you gain from stockc.The government agency which oversees the trading of stockd.The total worth of your stock portfolio

Prince Waste Collection pays a yearly dividend of $14.94 per share of stock. If Prince Waste Collection pays Kathy $46,926.54 in dividends every year, how many shares does Kathy own?a.2,978b.3,141c.3,443d.2,934

Which of the following services will be provided by a full-service broker but not by a discount broker?I. Research of potential investment opportunitiesII. Purchase and sale of stock at your requestIII. Recommendation of investmentsa.I and IIIb.II onlyc.III onlyd.I, II, and III

Geoffrey’s portfolio includes 4,462 shares of United Rotators, which earns him $43,772.22 annually. What is the yearly dividend on each share of United Rotators?a.$9.61b.$8.95c.$10.19d.$9.81

Drius Security stock has a yearly dividend of $12.11. If you own 132 shares of Drius Security, how much do you get paid in quarterly dividends?a.$133.21b.$1,598.52c.$366.96d.$399.63

Mark is looking for professional financial assistance. Mark has never invested before and is not quite sure where to start. He knows that he wants to build up investments for future projects such as retirement, but he is not sure how to navigate investment in light of his existing debts. Recommend an appropriate financial professional for Mark. a. Full-service broker b. Discount broker c. Accountant d. Financial planner Please select the best answer from the choices provided

What is a commission, as it relates to the stock market?a.The act of making stock available to buyb.A request to buy a specific kind of stockc.Profit made from selling stockd.A fee paid to a broker for making a trade