Reference no: EM133129213
Question - Assuming you have the savings to invest in 3 companies with a total amount of P100,000.
Upon investment, your group as an investor will also incur and pay an additional 10% commission fee and other related transaction costs.
You choose 3 companies with a combined investment cost of P100,000 (excluding the transaction costs).
Company Name Stock price 3/29/22
Union Bank of the Philippines 91
Security Bank Corporation 112
Rizal Commercial Banking Corporation 20.5
1. How many shares will you purchase per company?
2. How much is the transaction cost?
3. How much is the total investment cost per company?
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