1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Travka [436]
3 years ago
15

You have a ​$106 comma 000 portfolio comprising 10 stocks. You trade each stock five times this year and each time you​ trade, y

ou 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?
Business
1 answer:
miv72 [106K]3 years ago
8 0

Answer:

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.

You might be interested in
Why is buying a house a personal decision
Fynjy0 [20]
Because if someone else buys a house for you and it's dirty you wouldn't like it.
6 0
3 years ago
Compare Mr. Leeson's frequent career moves with that of a Japanese employee with a lifetime corporate loyalty. Comment on the ad
ivann1987 [24]

Answer:

The pros and Cons of Mr. Leeson's frequent career and the Japanese employee with a lifetime corporate loyalty can be summarized as follows:  

Explanation:

Frequent career moves also known as Job hopping was initially viewed as a negative behavior that doesn't portray loyalty while Lifetime employment in one establishment seemed commendable.

However, in recent times, studies has shown that the premise above is not true. There are pros and cons for each of them.

PROS

  1. Frequent career change promotes acquiring new skills, experiences and competences to handle complex tasks and lifetime corporate loyalty encourages specialization in one field.
  2. Frequent Career Change fosters swift career development and advancement while lifetime corporate loyalty promotes internal advancement opportunities and promotional offers

CONS

  1. Frequent career change does not portray a good image before employers and human resource experts, It can be viewed as poor work ethic while Lifetime corporate loyalty causes complacency and inhibits acquisition of career advancement skills.

5 0
4 years ago
For the past several months, per capita output has increased at a slower and slower rate. Over the same period, the unemployment
Alexxandr [17]

Answer:

the business cycle peak

Explanation:

Based on the information provided it can be said that it seems that the economy is in the part of the business cycle known as the peak. This is when aspects of the economy are reaching an all time high and begin to slow down. This continues until they eventually level off and afterwards begin their descent.

6 0
4 years ago
You're working with buyers who are pre-approved for a loan of as much as $200,000. Assuming they lock in a 5.25% interest rate a
gayaneshka [121]
$875 will go toward interest
4 0
3 years ago
European managers, especially those in france, germany, and italy, tend to be ____ in their decision-making style when compared
worty [1.4K]
<span>European managers, especially those in France, Germany, and Italy, tend to be <u>more autocratic</u> </span><span>in their decision-making style when compared with managers in the United States.
This means that those managers like to make decisions on their own, and to assume "absolute power" over their subordinates, not really taking into account their opinions. As opposed to that, in the US, managers are more friendly with their subordinates and like cooperating with them.</span>
6 0
3 years ago
Other questions:
  • The fact that the equilibrium quantity of loanable funds may increase along with an increase in the real rate of interest A. ass
    14·1 answer
  • Which of these is not a primary concern of socially responsible consumers?
    5·2 answers
  • I Love My Chocolate Company makes dark chocolate and light chocolate. Both products require cocoa and sugar. The following plann
    12·1 answer
  • Kim is the sales representative for a major textbook publisher. When she calls on the business faculty at General University, sh
    10·1 answer
  • An increase in the minimum wage:
    12·1 answer
  • On February 20 , 2018, Bill purchased stock in Pink Corporation (the stock is not small business stock) for $1,000. On May 1, 20
    15·1 answer
  • Arizona Desert Homes (ADH) constructed a new subdivision during 2020 and 2021 under contract with Cactus Development Co. Relevan
    14·1 answer
  • Which concept deals with giving employees the power to make commitments and use resources to accomplish the assigned tasks
    7·1 answer
  • Game theory assumes that: Group of answer choices firms anticipate rival firms' decisions when they make their own decisions. fi
    14·1 answer
  • What are the two factors used to calculate productivity?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!