You have a $106 comma 000 portfolio comprising 10 stocks. You trade each stock five times this year and each time you trade, you pay about $29 in commissions and spread. You have no special knowledge, so you earn only the average market return of 14 % on your investments. How much lower will your total return be because of your trades?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “You have a $106 comma 000 portfolio comprising 10 stocks. You trade each stock five times this year and each time you trade, you pay about ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which trade agreement or union does not include the United States?
Answers (1)
Hamburger Co has determined that their lowest total cost production technology is $460. If machines cost $100 and workers cost $40 what number of workers produces this cost of production, assuming Hamburger Co has already determined it will purchase
Answers (1)
In 1950, residents in Liberia were wealthier than those in Taiwan. Today, per capita gross domestic product (GDP) in Taiwan is more than 20 times that of Liberia.
Answers (1)
The belief that culture is held together by a series of important elements such as economy, education, religion, kinship, and politics that all serve to maintain societal equilibrium is known as:
Answers (1)
John finished first year in business. He spent Internet $600.00, Radio $650.00, Yellow pages $700.00, and Local flyers $400.00. What percent of John's advertising was spent on yellow pages?
Answers (1)
New Questions in Business
Niles and Marsha adopted an infant boy (a U. S. citizen). They paid $17,500 in 2016 for adoption-related expenses. The adoption was finalized in early 2017. Marsha received $3,600 of employer-provided adoption benefits.
Answers (1)
Explain briefly why professional certification and membership in professional organizations are important.
Answers (1)
Suppose that Omar's marginal utility for each additional cup of coffee is 5.5 utils per cup no matter how many cups he drinks.
Answers (1)
A worker gets a raise of $120 per month and quickly decides to spend $90 of the money on necessities and the occasional luxury, while putting the remaining $30 into retirement savings.
Answers (1)
Is mobile suit gundam the origin a retelling?
Answers (1)