if the ask price of a stock is 5 and the bid price 3 and you have

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if the ask price of a stock is £5 and the bid price £3 and you have invested £100m on this stock what is its liquidation cost? Calculate.

Related Book For answer-question

Basic Finance An Introduction to Financial Institutions Investments and Management

ISBN: 978-1111820633

10th edition

Authors: Herbert B. Mayo

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Posted Date: Mar 20, 2023 12:54 AM

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if the ask price of a stock is 5 and the bid price 3 and you have

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Expert Answer:

The liquidation cost of a stock refers to the amount of money required to sell the entire investment ... View the full answer

Basic Finance An Introduction to Financial Institutions Investments and Management

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