All of the Following Are Examples of Transactions Costs for Buying

question 54

Multiple Choice

All of the following are examples of transactions costs for buying securities except

• A) time costs
• B) bid/ask spread
• C) brokerage fees
• D) telephone calls
• E) all of the above are example of transaction costs

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Definitions:

False Uniqueness Effect

A cognitive bias wherein individuals underestimate the extent to which their abilities, behaviors, or beliefs are shared by others.

Sociometer Theory

A theory linking level of self-esteem with level of belongingness.

Belongingness

An emotional need or desire for strong and stable relationships with different groups or communities.

Self-Esteem

An individual's overall subjective emotional evaluation of their own worth or value.