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qid 322 · business

Question: Mr. Samuels purchased 50 shares of stock when the round lot price was 146(1/8). The odd-lot differential on the sale is 1/4 of a point. Using the table of Brokerage Rates below, calculate the Commission on the sale. BROKERAGE RATES ON ODD LOTS Amount of Purchase Commission $100 - $799 2.0% plus $4.40 up to $65 $800 - $2,499 1.3% plus $10 up to $65 $2,500 and above .9% plus $20 up to $65

  1. $85.87
  2. $92.50
  3. $75.25
  4. $7,318.75
  5. $49.99
  6. $65
  7. $20
  8. $110
  9. $35
  10. $57.50

Our answer: F. $65 Source quote machine-checked (exact quote)

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How it was answered

Stored formula / worked method, replayed by code

Odd-lot equity trade differential and tiered commission calculation problem

card: formula · card sha256 a6373856ea93651e…

Current source

New York Institute of Finance, "Fast Finance: Odd-Lot Differential Explained"

https://info.nyif.com/fast-finance-odd-lot-differential-explained/

“the difference between the price of stock in 100 Lots and the price for less than 100 Lots”

Source quote machine-checked (exact quote)

retrieved 2026-09-18T01:33:50.092Z

page text sha256 8bd150d91666474a… · content sha256 e3f19c0577053611…

addendum formula_qid322.formula_ADDENDUM_source_rs20260918T013350Z · sha256 4d1f9d8aa673a160… · replaces the version below, addendum sha256 390ef2cd064d718f…

Earlier version (superseded)

No public source has been found for this card yet (4 places checked internally).

addendum formula_qid322.formula_ADDENDUM_source · sha256 390ef2cd064d718f…

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