A portfolio manager has 10,000 shares of WBS bank. Latest bid price of the share is...
A portfolio manager has 10,000 shares of WBS bank. Latest bid price of the share is £5 and the offer is £5.5 per share. How much is the cost of liquidation under normal market conditions?
A. £476.19
B. £952.38
C. £2,500
D. £5,000
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ANSWER : D : 5000
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