Relative to the strategy of buying and then holding for long time, frequently buying and selling securities will result in all of the followings for sure EXCEPT ____. a. Group of answer choices b. greater commissions paid to security brokers c. greater taxes paid to the government d. greater returns for the investor e. greater bid-ask spreads paid to security dealers
Relative to the strategy of buying and then holding for long time, frequently buying and selling securities will result in all of the followings for sure EXCEPT ____. a. Group of answer choices b. greater commissions paid to security brokers c. greater taxes paid to the government d. greater returns for the investor e. greater bid-ask spreads paid to security dealers
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Relative to the strategy of buying and then holding for long time, frequently buying and selling securities will result in all of the followings for sure EXCEPT ____.
a. Group of answer choices
b. greater commissions paid to security brokers
c. greater taxes paid to the government
d. greater returns for the investor
e. greater bid-ask spreads paid to security dealers
Expert Solution
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Greater Commissions depends on the no. of transactions taken place
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