Calculate the four-day average amihud illiquidity measure

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Question - Below are the real data of the stock GME and the Bitcoin over a 5-day period. William would like you to help him calculate the 4-day average Amihud illiquidity measure in billions. What conclusion you could obtain after calculating the Amihud measure? Assume volume is the dollar trading volume.

Assuming that every 10 minutes there will be a new block on the blockchain and you will be rewarded 50 bitcoins in the first 4 years after you solving the math problem. Your reward will be 25 bitcoins in the second 4-year period if you create a new block, and the reward will be reduced by half every 4 years. The starting year of Bitcoin mining is 2009. William would like to know the number of Bitcoin still remained starting from the year 2021.

Reference no: EM132990094

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