Business 123 Introduction to Investments May I please have an explanation for the following problem? Thank you A friend of yours learns that you are taking BUS-123, Introduction to Investments. He tells you that he has been trading using Robinhood. He makes several trades each week. He says that there are no commissions so he can make as many free trades as he wants since there are no transaction costs. He asks for your opinion. What can you tell him about Robinhood and commission-free trades? Is he really not paying anything to trade stocks?
Business 123 Introduction to Investments May I please have an explanation for the following problem? Thank you A friend of yours learns that you are taking BUS-123, Introduction to Investments. He tells you that he has been trading using Robinhood. He makes several trades each week. He says that there are no commissions so he can make as many free trades as he wants since there are no transaction costs. He asks for your opinion. What can you tell him about Robinhood and commission-free trades? Is he really not paying anything to trade stocks?
Chapter13: Investment Fundamentals
Section: Chapter Questions
Problem 7LTAI
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Business 123 Introduction to Investments
May I please have an explanation for the following problem?
Thank you
A friend of yours learns that you are taking BUS-123, Introduction to Investments. He tells you that he has been trading using Robinhood. He makes several trades each week. He says that there are no commissions so he can make as many free trades as he wants since there are no transaction costs. He asks for your opinion. What can you tell him about Robinhood and commission-free trades? Is he really not paying anything to trade stocks?
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