Determining the average market return

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You have a?$109 comma 000 portfolio comprising 15 stocks. You trade each stock five times this year and each time you? trade, you pay about? $35 in commissions and spread. You have no special? knowledge, so you earn only the average market return of 13 % on your investments. How much lower will your total return be because of your? trades?

Reference no: EM133076248

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