Which One of the Following Is NOT a Trading Cost

question 10

Multiple Choice

Which one of the following is NOT a trading cost?

• A) payment of brokerage commissions and other fees
• B) The investor must buy from the trader at the trader's high sell price and must sell to the trader at the trader's low bid price.
• C) When the market is not very liquid, and an investor's trade is a relatively large one, it can adversely affect the price the investor gets.
• D) The price on the trade falls when the investor buys or rises when the investor sells.

---

Definitions:

New England

A region in the northeastern United States, known for its rich history, distinctive seasonal changes, and as the birthplace of many foundational events in American history.

Protestant Americans

Refers to citizens of the United States who adhere to Protestantism, a major group within Christianity, which originated with the Reformation in the 16th century.

Roman Catholics

Followers of the largest Christian church, led by the Pope, adhering to the Roman Catholic faith which is rooted in the teachings of Jesus and traditions of the church.

Loyal Americans

Individuals in the United States who show a strong allegiance and support for the values, constitution, and unity of the country.