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Two traders are interested in the asset BZAQ since they both estimate that the asset is undervalued. The trading book at the moment shows the

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Two traders are interested in the asset BZAQ since they both estimate that the asset is undervalued. The trading book at the moment shows the following details regarding BZAQ shares: Bid-Ask Quantity (000s) % 100 0.1 Best BA Second Best BA 350 0.3 Third Best BA 200 0.8 Trader A wants to buy 10,000 shares while trader B wants to buy 600,000 shares. Calculate the market impact cost (in $s) per share for both traders IF they complete their trades based on the order book. $0; $0.004 $0.001; $0.046 O $0; $0.046 O 0.1%; 0.423% O $0.1; $0.423

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