Suppose that the market for Stock X on a given date consisted of the transactions listed in
Question:
Suppose that the market for Stock X on a given date consisted of the transactions listed in the following table. The left two columns represented transactions for Stock X, excluding the broker’s orders. The right two columns consisted of the broker’s orders only, all of which were orders to buy. What was the VWAP for shares of X stock for that day? What was the VWAP excluding the broker’s own orders? How did the broker perform relative to the market for his buy transactions?
Transcribed Image Text:
Market for X Excluding Broker's Transactions # Shares 30,000 40,000 10,000 20,000 30,000 10,000 Broker's Transactions for X # Shares Price Price 100.00 10,000 100.02 10,000 100.05 10,000 100.06 20,000 100.07 40,000 100.09 40,000 100.00 100.01 100.03 100.04 100.05 100.05
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (5 reviews)
The daily VWAP for stock X is calculated as follows Since 1000396296 10003928...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Harley-Davidson: Preparing for the Next Century There are very few products that are so exciting that people will tattoo your logo on their body. Richard Teerlink, Retired CEO, Harley-Davidson In...
-
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...
-
Based on Westlaw's data on the case Christoff v. Nestl USA, INC., I did the brief case. My question is, is there any need to add and adjust the content and form of the case brief, especially the...
-
Find the equation for the lower half of the circle x + (y-8) = 7. Put the equation in the form y = g(x), and then enter g(x) into the answer box below. Enter your answer as a symbolic function of x,...
-
A company assigns overhead cost to completed jobs on the basis of 125% of direct labor cost. The job cost sheet for Job 313 shows that $10,000 in direct materials has been used on the job and that...
-
In Figure the coefficient of kinetic friction between the block and inclined plane is 0.20, and angle ? is 60o. What are the(a) Magnitude a and(b) Direction (up or down the plane) of the block's...
-
Monitoring surgery complications. An article on the use of control charts for monitoring the proportion of post operative complications at a large hospital was published in the International Journal...
-
Barstow Corporation has a single class of common stock and a single class of cumulative preferred stock. The cumulative preferred stock requires the corporation to pay an annual dividend of $8,000 to...
-
hat term is used to describe the market in which people buy one currency while ing another currency? a) Floating exchange rate b) Foreign exchange market c) Hedge d) Portfolio investment
-
Referring to the level 0 data flow diagram below, please construct the Level 1 Data Flow Diagram for this Revenue Cycle in detail. Customer Payments Bank Sales Order Bill of Lading Packing Slip...
-
Many analysts argue that the Sharpe ratio is a more appropriate performance metric for an investors overall portfolio than for a given segment or sector of her portfolio. Prepare a statement to...
-
The following table provides historical percentage returns for the Patterson and Liston Funds along with percentage returns on the market portfolio (index or fund): Suppose that the riskless rate of...
-
Amino acids can also be prepared by a two-step sequence that involves hell? Volhard?Zelinskii reaction of a carboxylic acid followed by treatment with ammonia. Show how you would prepare Leucine, (CH...
-
Anna feels paralyzed by depression and anxiety. When she is able to sleep, her dreams are full of nightmares. If we learn that Anna is a refugee from the civil war in Syria: a. we can better...
-
PART 1 (35 MARKS) A pressure vessel is a specialized container designed to hold gases or liquids at significantly high pressures from the ambient pressure. These vessels play a critical role in...
-
EV9-1 Normal TIME TIME A 1x A TIME A Activity Normal Normal Maximum Crash Time Cost Crash Time Cost 100 A B C D E F B 3 C 4 B C B 1 3 4 3 4 3 150 200 200 200 150 D3 E 4 E D E 0 2 1 1 2 1 LL 3 F F 0...
-
Question 1: You overheard your investment advisor saying, "Don't put all the eggs into the same basket. Explain the meaning of this statement. Explain three (3) reasons of why your investment advisor...
-
* * Audit Procedures for Auditor's Responsibility for Risk Assessment * * In auditing, risk assessment is a critical phase where auditors identify and evaluate risks that may impact the financial...
-
Refer to Exercise 9.2.2. In each case (n = 100 and n = 400) construct a 95% confidence interval for the population proportion of mutants. Exercise 9.2.2 In an experiment with a certain mutation in...
-
Discuss whether responsible human resources management should apply different standards for the home company and suppliers, for developed countries and developing countries, and for large companies...
-
If sales promotion spending continues to grow often at the expense of media advertis inghow do you think this might affect the rates charged by mass media for advertising time or space? How do you...
-
As a community service, disc jockeys from radio station WMKT formed a basketball team to help raise money for local nonprofit organizations. The host organization finds or fields a competing team and...
-
How should the acceptance of a profit-oriented, a sales-oriented, or a status quooriented pricing objective affect the development of a companys marketing strategy? Illustrate for each.
-
September 1 . Purchased a new truck for $ 8 3 , 0 0 0 , paying cash. September 4 . Sold the truck purchased January 9 , Year 2 , for $ 5 3 , 6 0 0 . ( Record depreciation to date for Year 3 for the...
-
Find the NPV for the following project if the firm's WACC is 8%. Make sure to include the negative in your answer if you calculate a negative. it DOES matter for NPV answers
-
What is the value of a 10-year, $1,000 par value bond with a 12% annual coupon if its required return is 11%?
Study smarter with the SolutionInn App