Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following ticker appears for Bank of America -> [BAC 0.65K@ 15.28 ^ 1.11]. Susan sold her Bank of America shares as indicated on the

The following ticker appears for Bank of America -> [BAC 0.65K@ 15.28 ^ 1.11]. Susan sold her Bank of America shares as indicated on the ticker below. (a) How many shares did she sell [write as a full number without the K]? (b) For much did she sell each share? (c) What was the total value of the shares she sold ? (d) Suppose the next BAC trade that comes across the ticker represents a sale of 34,000 share at a prices that is $2.31 high that the last transaction. What will see Susan scrolling across her screen for this transaction of BAC? Jenna contacted her broker and asked him to sell all 4000 of her Pepsico 10 points (PEP) shares on Friday as soon as the trading price hit $59.48. Jenna knew that PEP close at $58 on Thursday. How will her trade appear on the ticker [use the letter V for down and the caret which is above the number 6 for up]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing

Authors: Philip Cateora

16th Edition

0073529974, 9780073529974

More Books

Students also viewed these Economics questions

Question

2. How do I perform this role?

Answered: 1 week ago