With the 0.2.6 rates and brokerage at the lower of 0.03% and ₹20 per executed order: (a) Itemise the charges for buying and selling ₹3,00,000 of a stock intraday at the same price. Express the total in bp of the buy value. (b) Repeat for ₹40,000. Why is the cost in bp about twice as large?
M00 · Problem 6 ★ Check
Intraday costs and the brokerage cap
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