Question

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

Answer 1

d. Commision.  Hope im helpful!

Answer 2

D. The fee that the stockbroker charges for this service is called commission.

Explanation:

We have been given an incomplete statement. We are supposed to fill in the the given blank to complete the statement.

Statement: 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 ____.

By the definition of commission, commission is an amount that is paid to an agent as compensation for executing a transaction. Therefore, the correct word to fill in the blank would be commission and option 'd' is the correct choice.