Question
he current bid and ask prices are $5.30 and $5.50 and you send a market buy order that executes at $5.48. Five minutes later the
he current bid and ask prices are $5.30 and $5.50 and you send a market buy order that executes at $5.48.
Five minutes later the bid and ask quotes change to $5.35 and $5.55 respectively. The effective cost of your trade is:
| A. | $0.16 | |
| B. | $0.03 | |
| C. | $0.08 |
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Advanced Financial Risk Management Enterprise Wide Risk Management In Theory And Practice
Authors: Donald Van Deventer, Kenji Imai, Mark Mesler
3rd Edition
1547416157, 9781547416158
