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Calculate the market impact cost and the total trade cost for a trader who wishes to sell $250,000 worth of stock KJFA. The order book

Calculate the market impact cost and the total trade cost for a trader who wishes to sell $250,000 worth of stock KJFA. The order book shows the following details:

KJFA Average Daily trade (000s)= $ 2,000

$Trade Size (000s) Quoted Bid-Ask %

Best 50 0.25%
Second Best 100 0.56%
Third Best 150 0.84%
Total 300 0.65%

Group of answer choices

$900; $2250

$0; $625

$0; $750

$900; $1525

None of the answers are correct

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