________ are the direct costs of trading, such as broker commissions, fees, and taxes.

Question

Quizplus · Accepted Answer

Explicit costs are the direct costs of trading, such as broker commissions, fees, and taxes. Implicit costs, on the other hand, are opportunity costs associated with alternative investment options, while embedded costs are costs that are included in the price of an asset and not explicitly stated. Operation costs are general expenses associated with running a business or investment portfolio.

________ Are the Direct Costs of Trading, Such as Broker