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Suppose you want to sell 100,000 shares of stock XYZ on their earnings announcement day. Your broker provides you some impact-driven algos. On a normal

Suppose you want to sell 100,000 shares of stock XYZ on their earnings announcement day. Your broker provides you some impact-driven algos. On a normal day, the trading volume is around 500,000 for XYZ. On a typical earnings announcement day, the volume can double or treble but it always has a similar distribution of trading volume across time intervals. Which of the following statement is correct?

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