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A portfolio manager has 10 000 shares of WBS bank.

$5.00

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A portfolio manager has 10 000 shares of WBS bank.

 

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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