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Business, 21.08.2021 01:00 pedrojsq271

An investment adviser that typically places about 900 trades per month for its clients receives a notice from its executing broker that the cost per trade will drop to a flat $8.00 from the current $12.00 if 1,000 trades per month are placed. The investment adviser wishes to take advantage of the discount. To do this, the investment adviser should effect the extra 100 trades per month:

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