stor who frequently buys and sells securities are correct EXCEPT ____. Group of answer choices a:The active investor must pay greater total annual commission to security brokers b: The active investor must pay greater total annual tax to the government c: The active investor must earn greater net annual investment return, where net return is defines as return net of various transaction costs, fees and taxes d: The active investor must pay greater total a
stor who frequently buys and sells securities are correct EXCEPT ____. Group of answer choices a:The active investor must pay greater total annual commission to security brokers b: The active investor must pay greater total annual tax to the government c: The active investor must earn greater net annual investment return, where net return is defines as return net of various transaction costs, fees and taxes d: The active investor must pay greater total a
Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter15: Investments And Fair Value Accounting
Section: Chapter Questions
Problem 2CP
Related questions
Question
Relative to a passive investor who holds securities for a long time, all of the following statements about an active investor who frequently buys and sells securities are correct EXCEPT ____.
Group of answer choices
a:The active investor must pay greater total annual commission to security brokers
b: The active investor must pay greater total annual tax to the government
c: The active investor must earn greater net annual investment return, where net return is defines as return net of various transaction costs, fees and taxes
d: The active investor must pay greater total annual bid-ask spread to security dealers
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