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In measuring the implementation Shortfall (IS), a common benchmark price for hypothetical The national best bid prevailing at the time the order was sent. The national best ask prevailing at the time the order was sent. The average of the bid and ask quotes prevailing at the time the order was sent. D None of the above.

In measuring the implementation Shortfall (IS), a common benchmark price for hypothetical The national best bid prevailing at the time the order was sent. The national best ask prevailing at the time the order was sent. The average of the bid and ask quotes prevailing at the time the order was sent. D None of the above.

Essentials Of Investments
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
Section: Chapter Questions
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Dj 1 finance
In measuring the implementation Shortfall (IS), a common benchmark price for hypothetical trades is: The national best bid prevailing at the time the order was sent. The national best ask prevailing at the time the order was sent. The average of the bid and ask quotes prevailing at the time the order was sent. None of the above.
Transcribed Image Text:In measuring the implementation Shortfall (IS), a common benchmark price for hypothetical trades is: The national best bid prevailing at the time the order was sent. The national best ask prevailing at the time the order was sent. The average of the bid and ask quotes prevailing at the time the order was sent. None of the above.
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