Capital value in case of cum-interest purchase means -
A) The total amount paid to broker as purchase price.
B) Purchase price- Interest included + Brokerage
C) Market price on the date of purchase
D) Selling price + interest included
Correct Answer:
Verified
Q1: While selling securities, brokerage is generally calculated
Q2: In case of ex-interest transaction, the amount
Q3: Interest on security is calculated on -
A)It
Q5: Investment Accounts are kept
A)Only by Brokers
B)only by
Q6: The interest on fixed dates are received
Q7: In case of purchase and sales of
Q8: The Closing stock of investment is valued
Q9: Cum interest price of security is_than ex-
Q10: The Capital Value of Investments in case
Q11: Cost of Investment does not include
A)Interset
B)Brokerage
C)Stamp Duty
D)None
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