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Business, 16.04.2020 23:04 trystonprice

Acutron is a large securities dealer. Last year, the company made 220,000 trades with an average commission of $220. Because of the general economic climate, Acutron expects trade volume to decline by 20%. Fortunately, the average commission per trade is likely to increase by 10% because trades are expected to be large in the coming year. What are the estimated commission's revenues for Acutron in the coming year

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Acutron is a large securities dealer. Last year, the company made 220,000 trades with an average com...
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