In case of purchase and sales of securities ex- interest -
A) Interest is payable in addition to market price
B) Market price includes interest also
C) No separate calculation for interest is made
D) The seller gets interest on the next interest date.
Correct Answer:
Verified
Q2: In case of ex-interest transaction, the amount
Q3: Interest on security is calculated on -
A)It
Q4: Capital value in case of cum-interest purchase
Q5: Investment Accounts are kept
A)Only by Brokers
B)only by
Q6: The interest on fixed dates are received
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
Q12: Total amount payable less its cash price
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents