The costs associated with trading securities,which include the costs of time,effort,and phone calls,as well as brokered commissions are called
A) Arbitrage.
B) Economies of scale.
C) Transaction costs.
D) Portfolio management.
E) Taxes.

Question

Quizplus · Accepted Answer

Transaction costs refer to the expenses incurred in buying or selling securities, including commissions paid to brokers, phone calls, and other related expenses. The other options are not relevant to the costs associated with trading securities.

The Costs Associated with Trading Securities,which Include the Costs of Time,effort,and