Consider the stylised trading screen provided in the table below. Calculate the average execution price, rounded...
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Consider the stylised trading screen provided in the table below. Calculate the average execution price, rounded to two decimal places, for an order to buy 698,012 shares if the market is trading at $2.41/$2.43 Market Price $2.46 $2.45 $2.43 $2.41 $2.40 $2.39 Number of Shares 892,219 354,989 298,382 521,814 601,322 215,333 Consider the stylised trading screen provided in the table below. Calculate the average execution price, rounded to two decimal places, for an order to buy 698,012 shares if the market is trading at $2.41/$2.43 Market Price $2.46 $2.45 $2.43 $2.41 $2.40 $2.39 Number of Shares 892,219 354,989 298,382 521,814 601,322 215,333
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Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1259066511
14th Canadian Edition
Authors: Larson Kermit, Jensen Tilly
Posted Date:
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