You have a $106 comma 000 portfolio comprising 10 stocks. You trade each stock five times this year and each time you trade, you pay about $29 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?

My return will be 1.37% lower.

Explanation:

Total expenditure:

= Number of stocks×Number of times×Commission and spread per trade

= 10×5×$29

= $1,450

In % form:

= $1,450/$106,000

= 1.37%

My return will be 1.37% lower.

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'