Question: You have a $ 1 0 2 , 0 0 0 portfolio comprising 1 4 stocks. You trade each stock five times this year and

You have a $102,000 portfolio comprising 14 stocks. You trade each stock five times this year and each time you trade, you pay about $34 in commissions and spread. You have no special knowledge, so you earn only the average market return of 14.43% on your investments. How much lower will your total return be because of your trades?
Part 1
As a result of your trades, your total return will be enter your response here % lower. (Round to two decimal places.)

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