easy · Market Microstructure market-impact

A stock is trading at 10.00. A large sell order of 100,000 shares is executed, pushing the price to9.80.

If the price returns to 9.95 after the trade is completed, what was the 'temporary impact' per share?

  1. $0.05
  2. $0.15
  3. $0.20
  4. $0.10

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