Question
Assuming that Third Point LLC bought its 8.9 million shares at an average bid-ask of $32.05/$32.13, and paying average broker commissions of 0.18%, what was
Assuming that Third Point LLC bought its 8.9 million shares at an average bid-ask of $32.05/$32.13, and paying average broker commissions of 0.18%, what was the total cost of its purchase? What was the average bid-ask spread?
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Foundations Of Finance
Authors: Arthur J Keown, John D Martin, J William Petty
7th Edition
0133370356, 9780133370355
