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Consider the following two quotes for ABC Stock: March 14th March 21st Best Ask: 30.24 Best Ask: 30.42 Best Bid: 30.21 Best Bid: 30.39 Suppose

Consider the following two quotes for ABC Stock:

March 14th March 21st
Best Ask: 30.24 Best Ask: 30.42
Best Bid: 30.21 Best Bid: 30.39

Suppose you purchase 1225 shares of ABC stock on March 14th and then sell them one week later on March 21st. What are your net proceeds?

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