Spread for twitter at time of the trade the costs for

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59.95-29.95= $30.00 spread for Twitter at time of the tradeThe costs for the transaction seems a little high; however, this could be due to low ticket size of the transactionA. Suppose that your total transaction costs for selling the 1,200 shares of Twitter in December were $59.95.What was tB.Given that Twitter is listed on the NYSE, do your total transaction costs for December seem reasonable? Explain why oC.When your February statement arrives in the mail, you see that your total transaction costs for buying the 1,200 shareD.What are your total round-trip transactin costs for both selling and buying the shares, and what could you have done
wer.+ Brokerage commissionBid/ask spread = ($59.95 – $29.95) / 600 = $0.05Twitter is listed on the NYSE, a broker market. So, had Charles Schwab rout+ Brokerage commissionBid/ask spread = ($47.95 – $29.95) / 600 = $0.03lic orders is greatest. Had no market maker been necessary, total costs would have been only the $4.95 Schwabxecuted?r Twitter at the time your trade was executed.(Number of shares)´[(0.50) x (Bid/ask spread)]$59.95 = [(1,200)´(0.50)´(Bid/ask spread)] + $29.95(Number of shares)´[(0.50)´(Bid/ask spread)]$47.95 = [(1,200)´(0.50)´(Bid/ask spread)] + $29.95
ted the order to the NYSE, it could have been executed against a buy order, and total transaction costs would hab commission per trade.
ave been only the $29.95 brokerage commission. But transaction costs included half the bid/ask spread per sha
are traded, so either (i) the order went to the NYSE, no public buy order was available, and the market maker b
bought the 1,200 shares for her inventory (at a cost of half the bid/ask spread per share) or (ii) Charles Schwab
b routed the order to a dealer market like NASDAQ, and a market maker added the shares to her inventory (at h
half the spread per shar
8,250,000 x $18=$148,500,000Total shares sold in IPOxIPO price148,500,000 x 6.5% = 9,652,500Total proceeds for Netshoesx underwriting discount rate16.10x31,025,936=499,517,569.60 (Total proceeds for Netshoes-Underwriting fees)16.10x 31,025,936=499517569.60 (secondary market price x total number of shares outstanding)

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