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18. You find that the bid and ask prices for a stock are $10.25 and $10.30, respectively. The commission is flat at $10 for each
18. You find that the bid and ask prices for a stock are $10.25 and $10.30, respectively. The commission is flat at $10 for each trade. If you buy 100 shares of the stock and soon sell them while the quoted prices stay the same, what is your total implied and actual transaction cost in dollars? $50 $25 C. $30 $55
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