ECN501 Week 7 Problem Solving questions

A T-bill quote sheet has 60 day T-bill quotes with a 4.38 bid and a 4.26 ask. If the bill has a $13,200 face value an investor could buy this bill for Multiple Choice $13,170.54 $13,106.28 $13,110.54 $13,606.28

You would like to sell 200 shares of Xenith Bankshares, Inc. (XBKS). The current ask and bid quotes are $4.32 and $4.28, respectively. You place a limit sell order at $4.31.If the trade executes, how much money do you receive from the buyer? (Round your answer to 2 decimal places.)

An investor purchases 1,000 XYZ at $60. After XYZ increases to $80, the investor would like to protect the profit on this investment. Which of the following orders would be most suitable? Sell stop at $79.75 Sell stop at $80.25 Sell limit at $75 Sell limit at $85.

Given the bid-ask quotes for JPY/GBP 220-240, at what rate will: (a) Mr. Smith purchase GBP? (b) Mr. Brown sell GBP? (c) Mrs. Green purchase JPY? (d) Mrs. Jones sell JPY?

Ace Landscape buys 100 shovels for $15 each. Ace sells all 100 shovels at $30. What is the profit made by Ace? (profit = sales - cost) Group of answer choices $1,400 $1,500 $1,600 $3,000

Here is a small part of the order book for Mesquite Foods: Price 97 96.5 95 93.8 Bid Price Size 180 360 720 540 Price 97.5 97.8 98 98.5 Maximum price Ask a. Georgina Sloberg submits a market order to sell 180 shares. What price will she receive? Size 360 360 620 640 b. Norman Pilbarra submits a market order to buy 640 shares. What is the maximum price that he will pay? (Round your answer to 2 decimal places.) c. Carlos Ramirez submits a limit bid order at 99. Will it execute immediately?

You would like to sell 220 shares of Echo Global Logistics, Inc. (ECHO). The current ask and bid quotes are $15.44 and $15.39, respectively. You place a limit sell order at $15.43.If the trade executes, how much money do you receive from the buyer?

You Answered Correct Answer Consider: (a) Stock trades for $100; (b) Calls with exercise prices of $90, $100, and $110 trade at prices of $17.66, $10.48, and $6.95 respectively. If a person buys a $90 call, writes two $100 calls, and buys a $110 call, what is her maximum profit? Please answer correctly up to two decimal places. 6.35 margin of error +/-0.01

Here is a small part of the order book for Mesquite Foods: Bid Price $ 105 $ 104.50 $103 $ 101.80 Size 250 500 Price 1,000 750 $ Ask a. Georgina Sloberg submits a market order to sell 250 shares. What price will she receive? Price $105.50 $105.80 $ 106 $ 106.50 Maximum price Size 500 500 900 850 105 b. Norman Pilbarra submits a market order to buy 1,000 shares. What is the maximum price that he will pay? Note: Round your answer to 2 decimal places.

Here is a small part of the order book for Mesquite Foods: Bid Size 100 Price Size 200 $ 103 $ 102.50 200 $ 101 300 $ 99.80 400 a. Georgina Sloberg submits a market order to sell 100 shares. What price will she receive? 200 400 300 Ask Price $103 Price $ 103.50 $ 103.80 $ 104 $ 104.50 Answer is complete and correct. b. Norman Pilbarra submits a market order to buy 400 shares. What is the maximum price that he will pay? Note: Round your answer to 2 decimal places. Answer is complete but not entirely correct. Maximum price $ 101.00 c. Carlos Ramirez submits a limit bid order at 105. Will it execute immediately? Yes No

Need typed answer only.Please give answer within 45 minutes

An advertiser bids $10 CPM, achieves a 1% CTR and achieves a 5% conversion rate. What would an equivalent CPA bid be for this advertiser be? A $20 B $100 C $200 D $10

You have determined that Tesla (TSLA) is worth $255.00, and that you would be willing to pay no more than $248.50 for it. However, the current bid price is $252.20 and the current ask price is $252.80. You will most likely submit which of the following orders? market order to buy at $255 limit order to buy at $248.50 limit order to sell at $252.80 market buy order at ask price limit order to buy at $252.20

You would like to sell 200 shares of Xenith Bankshares, Inc. (XBKS). The current ask and bid quotes are $4.66 and $4.62, respectively. You place a limit sell order at $4.65.If the trade executes, how much money do you receive from the buyer?

Correct option is ??

Transaction costs You would like to purchase one Class A share of Berkshire Hathaway through your TD Ameritrade brokerage account. TD Ameritrade advertises a $5 commission for trades using their​ phone-based interactive voice response system. You call and learn that the bid price is ​$262,850.00 and the ask price is $263,770.00​, and you submit your order for one share. a. The current​ bid/ask spread for Berkshire Hathaway Class A shares is ​$.......?​(Round to the nearest​ cent.) b. If TD Ameritrade routes your buy order to the​ NYSE, the potential minimum for your total transaction costs is ​$........?  (Round to the nearest​ dollar.) c. If TD Ameritrade routes your buy order to​ NASDAQ, the potential maximum for your total transaction costs is $..........?  (Round to the nearest​ cent.) d. Regardless of how your trade is​ executed, based on the​ bid/ask spread, the market value of your trade is $..........?  (Round to the nearest​ cent.)

8. Three risk-neutral bidders compete to purchase a Princess Beanie Baby. Suppose the bidders have (private) valuations V, = $12, V2 = $14, and V3 = $16. %3D A. In a Dutch (decreasing price) auction, the winning bid would be more than $16 b. exactly $16 c. less than $16 à. B. If it were a first-price, sealed bid auction, the price would be a. more than in part A. b. the same as in part A. c. less than in part A.

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Complete the table

Final answer