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A financial institution buys 10 million shares in a company and 50 million ounces of a commodity. The Bid -offer spread on the shares is
A financial institution buys 10 million shares in a company and 50 million ounces of a commodity. The Bid -offer spread on the shares is $89.5 - $90.5. The Bid-offer spread on the commodity is $15.0-$15.1. Calculate the cost of liquidation of this position in a normal market. (5 marks) A financial institution buys 10 million shares in a company and 50 million ounces of a commodity. The Bid -offer spread on the shares is $89.5 - $90.5. The Bid-offer spread on the commodity is $15.0-$15.1. Calculate the cost of liquidation of this position in a normal market
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