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Please answer A through D please!! show work if possible I struggle on steps on how to get the answer Transaction costs In late December
Please answer A through D please!! show work if possible I struggle on steps on how to get the answer
Transaction costs In late December you decide to sell a losing position that you hoid in Twitter so you can capture the lows and use if to oftset some capital gains, thua reducing your takes for ite manager and request that he set your 1.400 shares of Twiller and buy them back in February. Charles Scheab charges a commission of $25 for broker-assiated trades a. 5uppoce that your total transacisn costs for selling the 1,400 shares of Twiller in December were 34500 . What was the bidask spread for Twither at the time your trace was executed? b. Givea mat Twiter is listed on the NYSE, do your iotal transaction costs for December seem reasonable? Explan why or wfy not. e. When your February stakement artions in the mail, you see that your total irantaction coste for buying the 1,400 shares of Twitter were $40.20. What was the bidiask spresd for Twiter at the sime your trade was execuled? d. What are your total found-trip traneaction coss for both soiling and buying the shares, and what could you have done diferently to reduce the total costs? a. The bid/ask spread for Twitter, at the ime your trade was execuled, is : (Round to fout decimal places.) Transaction costs In late December you decide to sell a losing position that you hoid in Twitter so you can capture the lows and use if to oftset some capital gains, thua reducing your takes for ite manager and request that he set your 1.400 shares of Twiller and buy them back in February. Charles Scheab charges a commission of $25 for broker-assiated trades a. 5uppoce that your total transacisn costs for selling the 1,400 shares of Twiller in December were 34500 . What was the bidask spread for Twither at the time your trace was executed? b. Givea mat Twiter is listed on the NYSE, do your iotal transaction costs for December seem reasonable? Explan why or wfy not. e. When your February stakement artions in the mail, you see that your total irantaction coste for buying the 1,400 shares of Twitter were $40.20. What was the bidiask spresd for Twiter at the sime your trade was execuled? d. What are your total found-trip traneaction coss for both soiling and buying the shares, and what could you have done diferently to reduce the total costs? a. The bid/ask spread for Twitter, at the ime your trade was execuled, is : (Round to fout decimal places.) Step by Step Solution
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