1. ABC stock has a bid price of $25.51 and an ask price of $25.65. Assume that the commission is quoted as a brokerage fee of .25%. a. What amount will you pay to buy 500 shares? b. What amount will you receive for selling 500 shares? c. Suppose you buy 500 shares, then immediately sell 500 shares with the bid and ask prices being the same in both cases. What is your round-trip transaction cost