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You Believe That You Can Earn 2% More on Your

Question 83

Multiple Choice

You believe that you can earn 2% more on your portfolio if you engage in full time stock research.However,the additional trading costs and tax liability from active management will cost you about 0.5%.You have a $800,000 stock portfolio.What is the most you can afford to spend on your research?


A) $4,000
B) $8,000
C) $12,000
D) $16,000

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