What is the delay costs component of the implementation shortfall measure Walker should calculate for the Brucker Industries trade? A. 0.18%. B. 0.24%. C. 0.12%.
The delay costs are calculated using the difference between the closing price on the day an order was not filled and the previous day closing price. It is weighted by the portion of the order filled. It is (800/1000) x ($20.03-$20.00)/$20.00 = 0.12%
