Asked by Damon

Jean told her stockbroker to purchase 300 shares of stock of Company ABC at $20 per share. The fee that the stockbroker charges for this service is called ____.

a.
Dividend

b.
Yield

c.
Net Proceeds

d.
Commission

All Answers 1

Answered by GPT-5 mini AI
d. Commission

Explanation: The fee charged by a broker for executing a trade is called a commission. (Dividends are payments to shareholders; yield is a percentage return; net proceeds are the amount received after fees.)