Homework answers / question archive / Dinmond Ft State is a large fund management form and most others is structured a large pyramid istion which tends to make their investment decisions slowly

Dinmond Ft State is a large fund management form and most others is structured a large pyramid istion which tends to make their investment decisions slowly

Finance

Share With

Dinmond Ft State is a large fund management form and most others is structured a large pyramid istion which tends to make their investment decisions slowly. They decide to purchase 10,000 CVN shares on Thursday at 10.15am and submit their order to sell broker at 10:36. The price of CVN 59.96 at 10.15am and at 10.36am is trading $10.11. What opportunity cost has Diamond First State incurred? $1.500 35110 10.00 3750