What is the cost of hundred shares of stock


What is the cost of 100 shares of Jiffy, Inc. stock given that the bid-ask prices are $31.25 "?o $32.00 and a $15.00 commission per transaction exists?

(a) $3215

(b) $3140

(c) $3125

(d) $3200

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the cost of hundred shares of stock
Reference No:- TGS0552272

Now Priced at $10 (50% Discount)

Recommended (90%)

Rated (4.3/5)