a) 10 b) 16.50 c) 83.50 d) 100 You own 20000 shares in Boohoo plc. Currently they

 a) £10 

b) £16.50 

c) £83.50 

d) £100

Transcribed Image Text:

You own 20000 shares in Boohoo plc. Currently they trade at 99p for bid and 100p for offer, which typically reflect the average spread conditions. However, the spread has a standard deviation of 1p. Under normal market conditions, the cost of liquidation should be closer to: (reminder critical level for a one-sided 95% tail of a standard normal distribution is 1.65) You own 20000 shares in Boohoo plc. Currently they trade at 99p for bid and 100p for offer, which typically reflect the average spread conditions. However, the spread has a standard deviation of 1p. Under normal market conditions, the cost of liquidation should be closer to: (reminder critical level for a one-sided 95% tail of a standard normal distribution is 1.65)

Answer rating: 100% (QA)

Correct answer 8350 20000 shares in ... View the full answer