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Suppose that an investor has shorted shares worth $5,000 of Company A and bought shares worth $3,000 of Company B. The proportional bid-offer spread for
Suppose that an investor has shorted shares worth $5,000 of Company A and bought shares worth $3,000 of Company B. The proportional bid-offer spread for Company A is 0.01 and the proportional bid-offer spread for Company B is 0.02 . What does it cost the investor to unwind the portfolio
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