Challenge The national order book for shares of ABC Corp. is: National Order Book Asks /Limit Sell Orders Price Shares Dealer Ask $112 2,400 $111 600 $110 480 $109 120 Best Ask $108 48 Bids /Limit Buy Orders Price Shares Best Bid $106 10 $105 25 $104 100 $103 125 Dealer Bid $102 500 Suppose a market order to sell 200 shares arrives from a fund manager. At what weighted-average price will this order be filled? (note: this spreads are unrealistically large. In reality, they would be $0.01) Enter your answer as a number of dollars, rounded to the nearest $0.01.
Suppose that you just short sold 100 shares of ABC stock for…
Suppose that you just short sold 100 shares of ABC stock for $80 per share. The initial margin requirement is 60%, which you cover by pledging T-bills as collateral. If the price of the stock falls to $67 per share, what return did you earn? Ignore the interest earned on T-bills.
Stock ABC is currently selling for $55 per share. Which of t…
Stock ABC is currently selling for $55 per share. Which of the following should have a higher selling price? a three-month call option on ABC stock with an exercise price $50 a three-month put option on ABC stock with an exercise price $50
An investment is the [time1] commitment of money or other re…
An investment is the commitment of money or other resources in the expectation of reaping benefits.
According to the State-Trait Anger Theory and how one experi…
According to the State-Trait Anger Theory and how one experiences anger, “trait anger” is anger experienced as a more stable personality dimension.
What is the final stage of the dying process according to El…
What is the final stage of the dying process according to Elisabeth Kübler-Ross?
Shyness, or behavioral inhibition, in childhood, is a risk f…
Shyness, or behavioral inhibition, in childhood, is a risk factor for anxiety disorder.
A person with this type anxiety disorder expects to feel emb…
A person with this type anxiety disorder expects to feel embarrassed, judged, or rejected when in the presence of others.
The first stage of the dying process, according to Elisabeth…
The first stage of the dying process, according to Elisabeth Kübler-Ross.
Math Question 2: A portfolio consists of short a one-year, 5…
Math Question 2: A portfolio consists of short a one-year, 50-strike European call option with price equal to $8.50, and long a one-year, 60-strike European put option with price equal to $6.75. Both options are on the same underlying non-dividend paying stock and assume zero interest rates. The stock price in one year is $55. What is the portfolio’s profit/loss at expiry (in dollars)?