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Using the data assume that the trades listed are the only ones executed that day in Sumatra. What is the VWAP? (2 pts) Time Bid
- Using the data assume that the trades listed are the only ones executed that day in Sumatra. What is the VWAP? (2 pts)
Time Bid Price Ask Price Execution Price Shares Bought
10:30 22.18 22.36 22.33 900 11:15 22.23 22.43 22.43 600 13:45 22.29 22.48 22.47 700 15:00 22.37 22.63 22.65 800
- In a brief paragraph, describe the process of short selling in your own words (10 points).
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