Question: Need this one done please, please make sure it is right! You have a $104,000 portfolio comprising 10 stocks You trade each stock five times
You have a $104,000 portfolio comprising 10 stocks You trade each stock five times this year and each time you trade, you pay about $35 in commissions and spread You have no special knowledge, so you earn only the average market return of 15% on your investments. How much lower will your total return be because of your trades? As result of your trades, your total return will be % lower
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