You have a $108 comma 000 portfolio comprising 16 stocks. you trade each stock five times this year and each time you trade, you pay about $31 in commissions and spread. you have no special knowledge, so you earn only the average market return of 10% 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 nothing% lower.

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position