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.)
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.)
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