can someone help with this practuce problem i do not understand it ...

70.2K

Verified Solution

Question

Finance

can someone help with this practuce problem i do not understand it
image
Question Help You have a $104,000 portfolio comprising 16 stocks You trace each stock five times this year and each time you trade, you pay about $32 in commissions and spre You have no special knowledge, so you earn only the average market return of 13% on your investments. How much lower will your fotal return be because of your trades? As a result of your trades, your total return will be lower (Round to two decimal points)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students