SH1612

Stock It Up and Bond

Stocks and Bonds

Directions: Solve the following items.

1. Dizon Industries purchased 55,000 shares of Tan Company at ₱6.45 each share. If the
brokerage fee is 9.15%, compute for the cost of buying the stocks.

2. Suppose Dizon Industries sold the 55,000 shares to Mendoza Corporation at ₱8.95 each. If
the brokerage fee is 11%, how much proceeds does Dizon Industries have?

3. A bond of par value ₱785,000 is quoted at 1.09. How much is its market value?

4. The interest of a bond having a face value of ₱350,000 is 3.20%. How much will the interest
pay semi-annually?

Stock It Up and Bond *Property of STI

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