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1. The bid price of a certain stock is $60.00 and the ask price is $60.25. The broker's commission is $10 per trade. Karen buys

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1. The bid price of a certain stock is $60.00 and the ask price is $60.25. The broker's commission is $10 per trade. Karen buys 100 shares of this stock and immediately sells them. What is Karen's cost of this entire transaction (her "round-trip" transaction cost)

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