Which stage of economic development is a time of change from the traditional way of doings things in a society to moving toward
1 answer:
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Answer:
Return will be 1.3 % lower
Explanation:
We have given that you have a $109000 portfolio which contain 10 stocks
So number of stocks = 10
Number of times traded each stock = 5
Commission and spread pay = $30
So total expenditure = number of stocks × number of times × commission and spread per trade = 10×5×30 = $1500
So in percentage %
So return will be 1.3 % lower