Use the exchange rate AUD 1 = K2.1368
to calculate:
a)the cost of shares
b)the brokerage paid on 10000 Cue energy shares at $0.15 (per share)
c) the brokerage paid on 800 santos shares at $11.56
a) Cost of Cue Energy shares:
10000 shares x $0.15 per share = $1500
b) Brokerage paid on 10000 Cue Energy shares:
$1500 x 2.1368 = K3205.2
c) Brokerage paid on 800 Santos shares:
$11.56 per share x 800 shares = $924
$924 x 2.1368 = K1976.6