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Business, 02.01.2020 18:31 graciegirl6662

You have a $109 comma 000 portfolio comprising 10 stocks. you trade each stock five times this year and each time you trade, you pay about $30 in commissions and spread. you have no special knowledge, so you earn only the average market return of 11% on your investments. how much lower will your total return be because of your trades?

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