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Consider a portfolio mmager who executes a buy order at an average price of 530 50. The arrival price at the time the order was
Consider a portfolio mmager who executes a buy order at an average price of 530 50. The arrival price at the time the order was entered into the market was $30.00. The selected index price at the time of onder entry was $500, and market index VWAP over the trade horizon was $505. If the stock has a beta to the index of -1.25, the market-adjusted cost can be?
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