Determine the veracity of each comment. Justify each response. Beatrice Minchow designs and implements algorithmic trading strategies

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Determine the veracity of each comment. Justify each response.

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Beatrice Minchow designs and implements algorithmic trading strategies for Enlightenment Era Partners LLC (EEP). Minchow is working with Portfolio Manager James Bean on an algorithm to implement a sell order for Bean’s small position in the lightly-traded shares of public company Dynopax Inc. In a conversation with Minchow, Bean states the following:
• I have no expectations of adverse price movements during the trade horizon and would like to use a scheduled algorithm.

• I want to minimize market impact, but I’m more concerned about getting the sell order completely executed in one day.

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