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There is a WSJ article called "FBI Investigates High-Speed Trading"
from website(https://online.wsj.com/news/article_email/SB10001424052702304886904579473874181722310-lMyQjAxMTA0MDAwMTEwNDEyWj).
You will be required to write a 3-page paper on this article by yourself.
These are the requirements: You are not to use any of the content in the article directly, but use it as background from which you can research the topic from other sources. Your paper should explain the issue, how it impacts exchanges, investment banks, high-speed traders and individual investors as well as what you think will be an eventual resolution of this new challenge to wall street.
If your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit?
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