1. When you buy or sell stock, a. It is free through a discount broker. b. There is almost always a transaction cost that should be calculated in your total return. c. Using a full-service broker is...

1. When you buy or sell stock,

a. It is free through a discount broker.

b. There is almost always a transaction cost that should be calculated in your total return.

c. Using a full-service broker is your least expensive alternative.

d. You have to buy or sell a minimum of 100 shares at a time.