A trader recieves a trading query "short 10000 shares" when the best bid and ask were £29.27 and £29.31. After the market is closed, only 8000 shares were transacted at average price £29.27, and the standing shares are cancelled at market close at £29.265. The opportunity cost is [A], the implicit cost is [B]

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A trader recieves a trading query "short 10000
shares" when the best bid and ask were £29.27
and £29.31. After the market is closed, only
8000 shares were transacted at average price
£29.27, and the standing shares are cancelled
at market close at £29.265.
The opportunity cost is [A], the implicit cost is
[B]
Transcribed Image Text:A trader recieves a trading query "short 10000 shares" when the best bid and ask were £29.27 and £29.31. After the market is closed, only 8000 shares were transacted at average price £29.27, and the standing shares are cancelled at market close at £29.265. The opportunity cost is [A], the implicit cost is [B]
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