Business, 17.12.2019 00:31, ssophiaa

You have a $108 comma 000 portfolio comprising 16 stocks. you trade each stock five times this year and each time you trade, you pay about $31 in commissions and spread. you have no special knowledge, so you earn only the average market return of 10% on your investments. how much lower will your total return be because of your trades? as a result of your trades, your total return will be nothing% lower.

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You have a $108 comma 000 portfolio comprising 16 stocks. you trade each stock five times this year...