Question
32. If you place a SELL order for 150,000 shares with a broker and this is the outcome, calculate the IS: Benchmark - VWAP $2.15
32. If you place a SELL order for 150,000 shares with a broker and this is the outcome, calculate the IS:
Benchmark - VWAP $2.15
Open $2.19, Close $2.13
Average Price $2.12 for 130,000 shares Brokerage = 1% of value traded
A. $7500 B. $7482 C. $3900 D. $7806 E. $3690
Please tell me the process
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Financial Management For Public Health And Not For Profit Organizations
Authors: Steven A. Finkler
2nd Edition
0131471988, 978-0131471986
