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Consider the following two quotes for XYZ stocks: November 11th November 18 Ask: 25.25 Ask: 26.00 Bid: 25.20 Bid: 25.93 Question: How much should you

Consider the following two quotes for XYZ stocks:

November 11th

November 18

Ask: 25.25

Ask: 26.00

Bid: 25.20

Bid: 25.93

Question: How much should you pay to buy 100 shares of XYZ on November 18?

a) $2600

b) $2520

c) $2525

d) $2593

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