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33 You find that the bid and ask prices for a stock are $13.75 and $15.05, respectively. If you purchase or sell the stock, you

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33 You find that the bid and ask prices for a stock are $13.75 and $15.05, respectively. If you purchase or sell the stock, you must pay a flat commission of $20. If you buy 300 shares of the stock and immediately sell them, what is your total implied and actual transaction cost in dollars? 01:31:42 Multiple Choice $430 $40 $20 $410

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