Question

Ken wants to buy $30,000 of shares in a mutual fund, but his broker recommends buying $3,000 at 10 regular intervals spaced over five months instead of all at once. How might the broker have a conflict of interest in this purchase?


Select the best answer from the choices provided.
This method benefits the broker because it spreads out his earnings over five months.
This method gives the broker fees for 10 trades instead of just one.
This method gives Ken time to consider the investment over the long term.
This method can only succeed if the broker commits insider trading.

Answer 1

@zaibali.qasmi

Answer 2

opton A..

Answer 3

@zaibali.qasmi bet