WorksheetsStock transactions and transaction fees
Total questions: 11
Worksheet time: 6mins
What is a PORTOFOLIO?
is a grouping of all stocks a person currently owns.
is a grouping of 100 stocks a person currently owns
Is a catalog collection
is a grouping of all stocks a person has sold.
What is TRADE?
All the stock bought and sold with a Company.
All the stocks bought and sold, with another stock-holder.
An exchange
All the stocks bought with another stock-holder
Taylor bought 200 shares of stock for $18.12 per share last year. He paid his broker a flat fee of $30. He sold the stock this morning for $21 per share, and paid his broker 0.5% commission. What were Taylor's net proceeds?
$525
$423
$346
$289
A ROUND LOT is
stocks bought and sold in multiples of 100 shares
a geometric shape
stocks bought and sold at any given time
the opposite of odd lot
Where do you have to report your capital gain or loss?
I.R.S.
F.B.I
S.R.I
Government
Can your broker make a purchase over your limit order?
Yes, if they call me
No, a broker can not make a purchase over the limit order
Depends
Yes, if they find a good deal for me
Gross Capital Loss means
If you buy a stock
If you loose your money
If you sell a stock for less money than you paid for it
Profit
What a licensed stockbroker does?
Takes your hard earned money
Sells, buys stocks
Nothing
Sells, buys, gives advice to investors
Can a discount broker give investment advice?
Yes, he/she is not different than a stockbroker
No, a discount broker can not give investment advice
Yes, at any time
Yes, a discount broket can give investment advice 24/7
Net proceeds represent
Your net proceeds represent the amount of money you make at any time
Your net proceeds represent the amount of money you make after you sell your stock
Your net proceeds represent the amount of money you make after broker fees are subtracted
Your net proceeds represents the amount of money you make at the end of the year
What is broker commision?
broker commision is a fee that does not depend on the value of the transaction
broker commission is a fee that depend on the value of the transaction
broker commission is a fee that is the same fee for all buyers
broker commissio is a fee that same with the flat fee
