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concerns might be. 15. A U.S. institutional investor would like to buy 10,000 shares of British Polythene Industries. This U.K. firm trades on the London

concerns might be. 15. A U.S. institutional investor would like to buy 10,000 shares of British Polythene Industries. This U.K. firm trades on the London stock exchange, but not on the NYSE or NASDAQ. A U.K.-based broker of the investor quotes the price as 3.45-3.60, with a com- mission of 0.10 percent of the transaction value. There is a 0.50 percent U.K. securities
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5. A U.S. institutional investor would like to buy 10,000 shares of British Polythene Industries. This U.K. firm trades on the London stock exchange, but not on the NYSE or NASDAQ. A U.K.-based broker of the investor quotes the price as 3.453.60, with a commission of 0.10 percent of the transaction value. There is a 0.50 percent U.K. securities

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