Suppose that Investor X executed a sale transaction at 4.22 when the stock was quoted at 4.21
Question:
Suppose that Investor X executed a sale transaction at 4.22 when the stock was quoted at 4.21 bid and 4.27 ask, and that another investor’s subsequent transaction executed 4.23. Calculate the quoted spread, the half spread, the effective half-spread and the realized half-spread for Investor X’s execution.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
The quoted spread was 427 421 006 the hal...View the full answer
Answered By
Muhammad Ahtsham Shabbir
I am a professional freelance writer with more than 7 years’ experience in academic writing. I have a Bachelor`s Degree in Commerce and Master's Degree in Computer Science. I can provide my services in various subjects.
I have professional excellent skills in Microsoft ® Office packages such as Microsoft ® Word, Microsoft ® Excel, and Microsoft ® PowerPoint. Moreover, I have excellent research skills and outstanding analytical and critical thinking skills; a combination that I apply in every paper I handle.
I am conversant with the various citation styles, among them; APA, MLA, Chicago, Havard, and AMA. I also strive to deliver the best to my clients and in a timely manner.My work is always 100% original. I honestly understand the concern of plagiarism and its consequences. As such, I ensure that I check the assignment for any plagiarism before submission.
4.80+
392+ Reviews
587+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
At the end of the 20X4 accounting period, 31 December 20X4, the stock was quoted at $ 19 per share. On 5 June 20X5, the investor sold the stock for $ 22 per share. Assuming this is a FVTOCI...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Evaluate the derivatives of the following functions. (z) = cot -1 z
-
Hayley Hollis is admitted to the partnership of Rose & Novak. Prior to her admission, the partnership books show Greta Roses capital balance at $170,000 and Chris Novaks at $85,000. Requirements 1....
-
Yankel Stein is the chief investment officer of a large charitable foundation based in the United States. Although the foundation has significant exposure to alternative investments and hedge funds,...
-
How does EVA differ from accounting net income? AppendixLO1
-
Selected transactions for Alvarado Company during its first month in business are presented below. Sept. 1 Invested $10,000 cash in the business in exchange for common stock. 5 Purchased equipment...
-
E4-19A (book/static) Question Help uming the net method is used Bridge Audi's cost of inventory is 55 percent of the sale price Joumalce the following transactions for Bridgeport Audio, Inc, that...
-
The Christie Corporation is trying to determine the effect of its inventory turnover ratio and days sales outstanding (DSO) on its cash flow cycle. Christies sales last year (all on credit) were...
-
Suppose that a client of the ABC brokerage firm seeks to have her order of X = 500,000 shares executed within three hours with the best possible execution; that is, she wants to realize the lowest...
-
Listed below are sorted weights (g) of a sample of M&M plain candies randomly selected from one bag. Use the range rule of thumb to estimate the value of the standard deviation of all 345 M&Ms in the...
-
Sales of a product was estimated at 80,000 pieces annually with a rate of 6 pu. Its variable mfg. costs are 2.50 pu with S&D and general expenses related to product is 59,000 on annual basis. Its...
-
(Reference: A Closer Look on Cost Accounting, De Jesus, 2019) Paulo Corporation had the following account balances as of August 1, 2020: Raw materials inventory (direct and indirect) Work in Process...
-
Use the given data values (a sample of female arm circumferences in centimeters) to identify the corresponding z scores that are used for a normal quantile plot, then identify the coordinates of each...
-
1. What stakeholders other than customers, suppliers, and partners should be considered when conceiving ways to monetize data? 2. What would be one strategy to maximize "reliability" attribute in...
-
What important guidance does little's law offer healthcare leadership regarding the planning and utilization of resources
-
Find the voltage vo(t) in the circuit of Fig. 18.49. Let i s (t) = 8et u(t) A. 2 1
-
For each of the following reactions, express the equilibrium constant: a) H20 (I) H2 (g) + 02 (g) Ke = 1.0x107 b) Fe2 (g) 2F (g) Ke= 4.9 x 10-21 c) C (s) + O2 (g) d) H2 (g) + C2H4 (g) C2H6 (g) Ke =...
-
If a company sells its products only from a website, which is accessible over the Internet to customers from all over the world, does it still need to worry about having a specific ta r get market?...
-
Explain, in your own words, what each of the four Ps involves.
-
Evaluate the texts statement, A marketing strategy sets the details of implement a tion.
-
Zheng Corporation plans to issue new bonds to finance its expansion plans. In its efforts to price the issue, Zheng Corporation has identified a company of similar risk with an outstanding bond issue...
-
If you invest $7,776 today at an interest rate of 4.84 percent, compounded daily, how much money will you have in your savings account in 10 years? Round the answer to two decimal places. * use excel...
-
Calculate the value of a six-month futures contract on a Treasury bond. You have the following information: (Do not round intermediate calculations. Round your answer to 3 decimal places.) Six-month...
Study smarter with the SolutionInn App