test time x 3
A stockbroker bought 20,000 shares. He paid £12 each for 3/4 of the shares and £10.80 per share for the reminder. Calculate the total cost of the shares he bought.
Published by bigmal at 5:53pm on Thu 10th November 2011. Viewed 1,978 times.
What do we get for doing your homework for you?
Published by splattergrabs at 6:13pm on Thu 10th November 2011.
£234,000 ......plus dealer's commission, sellers commission, tobin tax, bank transfer charges =
£300,000
Unfortunately, since buying the shares, the value has fallen to 50p each - less dealer's commission, sellers commission, tobin tax, bank transfer charges, valuation fee, professional indemnity insurance, Health & Safety charges = now worth £2,000 the lot.
Published by stephen at 11:06am on Fri 11th November 2011.
If it`s shares in Comet, the answer is £2 ;-]
Published by daggg at 11:51am on Fri 11th November 2011.
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