Part A
Most advantageous market is the market that maximises the amount that would be received to sell
the asset or minimises the amount that would be paid to transfer the liability, after taking into
account transaction costs and transport costs.
Johanesburg Stock Exchange (90 x 95%) = R85,50
New York Stock Exchange (6 x 11,50 x 97,5%) = R67,28
Most advantages market is the Johannesburg Stock Exchange,
Most advantageous market is the market that maximises the amount that would be received to sell
the asset or minimises the amount that would be paid to transfer the liability, after taking into
account transaction costs and transport costs.
Johanesburg Stock Exchange (90 x 95%) = R85,50
New York Stock Exchange (6 x 11,50 x 97,5%) = R67,28
Most advantages market is the Johannesburg Stock Exchange,
