Question
Assume that you purchase 100 shares of a common stock at the bid-ask prices of $121.04 - $121.10. When you sell the bid-ask prices are
Assume that you purchase 100 shares of a common stock at the bid-ask prices of $121.04 - $121.10. When you sell the bid-ask prices are $128.05 - $128.10. If you do not pay commission, what is your profit?
A. $706.00
B. $695.00
C. $700.00
D. $701.00
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Cost Benefit Analysis
Authors: Harry F. Campbell, Richard P.C. Brown
3rd Edition
1032320753, 9781032320755
