W10 Flashcards by Helder Kiala

Q

What are the two rules for quoting shares?

A

1/4 Up Rule
Average Bargain

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Q

What’s the formula for the 1/4 Up Rule?

A

LP = Lowest Price
HP = Highest Price

LP + 1/4 * (HP - LP)

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Q

What is the rule for Average Bargain?

A

LP + HP / 2 = Answer

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