Stock Market The commission rates that three companies and
Chapter , Problem 7.2.47(choose chapter or problem)
Stock Market The commission rates that three companies and charge to sell one share of stock on the New York Stock Exchange (NYSE), NASDAQ, and the American Stock Exchange (ASE) are shown in the following matrix. NYSE NASDAQ ASE = C0.04 0.06 0.050.04 0.04 0.040.03 0.07 0.06 ST1T2T3 Two customers, and own stocks that are traded on the NYSE, NASDAQ, and the ASE. The numbers of shares of stocks they own for each exchange are given in the following matrix. S1 S2 S = C500 600250 450600 750 SNYSENASDAQASE Find CS. Which company should customer use to minimize commission costs?
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