Question No.3 The following is an excerpt from a Jamaica Stock Exchange Trading Report. Use the information from the table to answer the questions that follow 52 Week High Today's Today's Last Close Change Closing Closing Hights) Low (8) Traded Price (s) (8) Bid (8) Ask (8) Price(s) 52 Securities Prev. Current Volume Week Yrs Yr (non Low Div Div (5) block) ($) 1.90 Barita Ltd 0.04 0.09 15,300 2.55 1834 Inv. 0.22 4.500 0.13 BIP 320,700 260 CCFG 7,000 1.75 SF) 73,386 60.50 CAR 5.80 1.30 1,030 2.52 DG 0.20 10.000 113.90 FCIB 0.06 0.02 19.25 Jam Prod. 0.25 0.05 1,385 48.00 Pam Jam 1.54 005 8.500 11.00 PEG 0 21.09 RUR 1.48 0.37 85,000 4.95 3.50 0.25 5.00 3.20 67.00 5.75 117.61 34.50 64.50 22.50 25.80 5.00 6.75 7.60 10.70 4.50 85.00 4.30 5.00 6.75 7.30 10.70 450 85.00 4 30 - 5.00 8.30 7.90 10.10 5.20 75.10 4.30 113.90 43.60 8500 22.49 29.90 6.60 8.30 7.90 10.10 4.50 75 10 4.30 113.90 45.00 98.00 22.49 35.00 -0.10 0.00 -0.02 0.00 0.01 -0.35 0.00 0.00 0.08 0.89 0.00 4.70 8.20 7.00 8.50 4.10 70.30 4.26 5.10 9.40 7.37 9.70 4.50 84.10 4.30 115.00 53.80 59.40 45 98 45 98 40.90 57.20 35.00 35.00 0.79 33.60 35.70 e Compute the bid ask spread on the following securities: a CCC . b. CAR (2 marks) ii. What do these figures mean? (2 marks) . Calculate the market capitalization for the following stocks Barita, BIP, CCFG, DG and Pan Jam for the trading day? (7 marks)