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Grace wishes to buy a corporate bond with a par value of $1,000 from SFT Legal. If Grace’s broker charges her a commission of 4% of the market value of each bond, and SFT Legal has a market rate of 103. 563, how much commission does Grace owe her broker? a. $107. 56 b. $41. 43 c. $40. 00 d. $44. 14.

Respuesta :

Emmex

Answer:

Answer is b

Explanation:

4×100=400

since it is in percentage

400×103.563=41.43

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