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Use the information provided below to calculate the implementation shortifal and its components: On Monday, the stock price for Gamma Corp. closes at s a
Use the information provided below to calculate the implementation shortifal and its components: On Monday, the stock price for Gamma Corp. closes at s a share. On Tuesday morning before market open, the portfolio manager decides to buy Gamma Corp. and submits a limit order for 2,000 shares at $7.96. The price never falls to $7.96 during the day, so the order expires unfilled. The stock closes at $8.04. On Wednesday, the order is revised to a limit of S8.03. The order is partially filled that day as 1,500 shares are bought at $5.03. The commiision is $15. The stock closes at 58.08, and the order for the remaining 500 shares is cancelled. Note: You are required to show your workings and caccuations in the space below
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