You have a $102000 portfolio comprising 16 stocks. You trade each stock five times this year and each time you trade, you pay about $30 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 $102000 portfolio comprising 16 stocks. You trade each stock five times this year and each time you trade, you pay about $30 in ...” 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
The lowest rate legally allowed for one hour of work is called
Answers (1)
Merchandise with a sales price of $5,000 is sold on account with terms 2/10, n/30. The journal entry to record the sale would include aA-debit to Cash for $5,000B-debit to Sales Discounts for $100C-credit to Sales for $4,900D-debit to Accounts
Answers (1)
Darden Corporation uses the weighted-average method in its process costing system. The first processing department, the Welding Department, started the month with 19,600 units in its beginning work in process inventory that were 10% complete with
Answers (1)
Colliers, Inc., has 110,000 shares of cumulative preferred stock outstanding. The preferred stock pays dividends in the amount of $2 per share, but because of cash flow problems, the company did not pay any dividends last year.
Answers (2)
Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $348,425 for the year, and machine usage is estimated at 126,700 hours.
Answers (1)
New Questions in Business
One day a supplier supplied 300 units of a good at $20 per unit. A week later the same supplier supplied the same number of units at $10 per unit. Based on this evidence the supplier has experienced: a a decrease in quantity supplied.
Answers (2)
The aims of mercantilists do not include a. achieving power and wealth for the state. b. achieving political and economic unity
Answers (1)
In Japan, it's called kuroi kiri (black mist), in Germany, it's schmiergeld (grease money), Mexicans refer to la mordida (the bite), the French say pot-de-vin (jug of wine), and Italians speak of the bustarella (little envelope).
Answers (1)
Businesses that engage in ultrahazardous activities are strictly liable for any injuries. a. True b. False
Answers (1)
Increasing the amount of credit that is available within an economy is done through? Expansionary monetary policy or contractionary?
Answers (2)