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  2. Topic
    Business
  3. Study Set
    Accountancy 2
  4. Exam
    Exam 1: Securities Brokerage, Interest Calculation, and Hire Purchase Agreements
  5. Question
    Capital Value in Case of Cum-Interest Purchase Means -
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Capital Value in Case of Cum-Interest Purchase Means -

Question 18

Question 18

Multiple Choice

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:

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