Question
Below are the data of the Ethereum and the Bitcoin over a 5-day period. Maria would like to invest in either of these two cryptocurrencies.
Below are the data of the Ethereum and the Bitcoin over a 5-day period. Maria would like to invest in either of these two cryptocurrencies. She would like you to help her to calculate the 4-day average Amihud illiquidity measure in billions. If Maria wants to invest in a liquid cryptocurrency, which cryptocurrency should she purchase? Assume volume is the dollar trading volume. You may show full workings in the space below or use an excel file to answer it (and submit through excel link). (9 marks)
| Ethereum | |||||
| Date | Open | High | Low | Adj Close | Volume |
| 16/10/2021 | 3,866 | 3,962 | 3,806 | 3,830 | 16,578,095,000 |
| 17/10/2021 | 3,830 | 3,915 | 3,661 | 3,847 | 15,908,090,000 |
| 18/10/2021 | 3,848 | 3,888 | 3,687 | 3,749 | 17,386,204,000 |
| 19/10/2021 | 3,747 | 3,884 | 3,737 | 3,878 | 15,998,757,000 |
| 20/10/2021 | 3,878 | 4,167 | 3,833 | 4,156 | 20,338,319,000 |
| Bitcoin | |||||
| Date | Open | High | Low | Adj Close | Volume |
| 26/07/2021 | 61,610 | 62,274 | 60,206 | 60,892 | 34,250,964,000 |
| 27/07/2021 | 60,888 | 61,646 | 59,164 | 61,554 | 29,032,367,000 |
| 28/07/2021 | 61,549 | 62,615 | 60,013 | 62,026 | 38,055,562,000 |
| 29/07/2021 | 62,043 | 64,435 | 61,623 | 64,262 | 40,471,196,000 |
| 30/07/2021 | 64,285 | 66,930 | 63,611 | 65,993 | 40,788,955,000 |
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Process To Profits Strategic Planning For A Growing Business
Authors: William Lasher
1st Edition
0324223870, 9780324223873
