How much lower will your total return be because of your, Financial Management

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How much lower will your total return be because of your

You have a $103.000 portfolio comprising 14 stocks. You trade each stock five times this year and each time you trade, you pay about $29 in commissions and spread. You have no special knowledge, so you earn only the average market return of 15% on your Investments. How much lower will your total return be because of your trades?

As a result of your trades, your total return will be % lower. (Round to two decimal points.)

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