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Business, 12.02.2021 01:00 tiakimberly3

ou decide to look at the broad-based market index securities sold by Vanguard. The Vanguard US total market index ETF (symbol VTI) currently quotes an expense ratio of 0.03%, while its counterpart index fund (symbol VTSMX) has an expense ratio of 0.14%. Currently, the commission for your brokerage account is $5 per trade. Suppose you plan investing your money for only 1 year. (i)Demonstrate which option is the most appropriate for you, assuming that the index remains stable over the year. (Hint: Remember that you need to sell your investment as well as buy it. Hint 2: What is the difference in return between the two options

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