Respuesta :
For the answer to the question above how much less will it cost him if Broker K, who charges a fee of $28 for each bond sold, recommends that Jim buys five par value $500 bonds from Fort Bend County, a par value $1,000 bond from the U.S. Treasury, and two par value $500 bonds from I was Records. Fort Bend bonds are selling at 91.090, Treasury bonds are selling at 101.163, and I was Records bonds are selling at 107.252. Based on the current information, which broker’s bond package will cost Jim less money up front?
Broker K's suggestion will cost Jim $148.57 less than Broker J's suggestion.
Broker K's suggestion will cost Jim $148.57 less than Broker J's suggestion.