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Posted on Jul 22, 2024

In measuring the implementation Shortfall (IS), a common benchmark price for hypothetical trades is: The national best bid prevailing at the time the order was

In measuring the implementation Shortfall (IS), a common benchmark price for hypothetical trades is: The national best bid prevailing at the time the order was sent. The national best ask prevailing at the time the order was sent. The average of the bid and ask quotes prevailing at the time the order was sent. None of the above

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