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Click Submit to complete this assessment. Question 19 of 10 Question 19 8 points Save Answer Below are the real data of the Nasdaq and

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Click Submit to complete this assessment. Question 19 of 10 Question 19 8 points Save Answer Below are the real data of the Nasdaq and the Bitcoin over a 4-day period. William would like you to help him calculate the 3-day average Amihud illiquidity measure in billions. LOW Bitcoin Date 2019/1/10 2019/1/11 2019/1/12 2019/1/13 Adj Close Price Open High Volume 3995325193 3981.91 4023.73 396598 18.160,000 36173461 399533 4025.53 3570.08 19.260,000 3606 16489 3617 27 3676 73 3572 67 16,880,000 3611.528238 3609.13 3644 34 3564.63 15,190,000 Nasdaq Date 14/01/2019 15/01/2019 16/01/2019 17/01/2019 Adi Close Price Open High Low 6905919922 6908 03 6936 22 688748 7023.830078 6931.39 7025.85 6928.12 7034.689941 7033 75 707963 7028.12 7084 459961 7010.13 7113 95 7003 62 Volume 1.942 210,000 2.038.090.000 2.149 580,000 2.128.840,000 What conclusion you could obtain after calculating the Arrihud measure? TTTA 3 (12) THE.E- MacBook Air 30 888 Il FY FB 9 FYO $ % A & 7 * o 4 5 Click Submit to complete this assessment. Question 19 of 10 Question 19 8 points Save Answer Below are the real data of the Nasdaq and the Bitcoin over a 4-day period. William would like you to help him calculate the 3-day average Amihud illiquidity measure in billions. LOW Bitcoin Date 2019/1/10 2019/1/11 2019/1/12 2019/1/13 Adj Close Price Open High Volume 3995325193 3981.91 4023.73 396598 18.160,000 36173461 399533 4025.53 3570.08 19.260,000 3606 16489 3617 27 3676 73 3572 67 16,880,000 3611.528238 3609.13 3644 34 3564.63 15,190,000 Nasdaq Date 14/01/2019 15/01/2019 16/01/2019 17/01/2019 Adi Close Price Open High Low 6905919922 6908 03 6936 22 688748 7023.830078 6931.39 7025.85 6928.12 7034.689941 7033 75 707963 7028.12 7084 459961 7010.13 7113 95 7003 62 Volume 1.942 210,000 2.038.090.000 2.149 580,000 2.128.840,000 What conclusion you could obtain after calculating the Arrihud measure? TTTA 3 (12) THE.E- MacBook Air 30 888 Il FY FB 9 FYO $ % A & 7 * o 4 5

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