Answer:
The current bid/ask spread for Berkshire Hathaway Class A shares is $935
Explanation:
The computation of the current bid/ask price is shown below:
The Current bid/ask price = Ask price - Bid price
= $263,810 - $262,875
= $935
The commission amount should be ignored in the computation part. Hence, it will not be considered as it is not relevant.
Option D. The size of the market
This is because they have an idea that with a larger market size the can gain economies of scale and make a larger profit.
Answer: b. The diversifiable risk of your portfolio will likely decline, but the expected market risk should not change.
Explanation:
Diversifiable risk is a risk that a particular security has or which can be seen in a certain sector. Market risk occurs when there's possibility that a particular investor will make loss due to certain factors which affects the entire market.
In the above scenario, the most likely to occur will be that the diversifiable risk of the portfolio will likely decline, but the expected market risk should not change.
It should be noted that diversification won't eliminate market risk. When more stocks are added, this brings about decline in diversification risk but market risk won't change.
<u>Answer:
</u>
With an ATM checking account, you are typically charged a fee if you use teller services is a false statement.
<u>Explanation:
</u>
- The ATM facility has been rolled out in order to dispense convenience to the users of cashless transactions or of withdrawing cash whenever need.
- This service is not charged as long as there are not any extra facilities demanded like that of international transactions.
- Charging a fee for using an ATM would decrease the number of its users drastically.
Explanation:
am not sure but i can go for B
