please give equations you use as well

P2-2 (similar to) Transaction costs In late December you decide, for tax purposes, to sel a losing position that you hold in Twtter, which i thus reducing your taxos for the current year However, sincer Charles Schwab brokerage account manager and request that he immediately sol your 1,000 shares of Twitter and then in early February buy them back. Charles Schwab charges a commission of $4 05 for onlines stock trades and for broker-assisted trades there is an additional $25 service charge, so the total oommission is $29.95 listed on the NYSE, so thal you can caplure the loss and use it to offset some capital gains stil believe that Twitter is a good long-term investment, you wish to buy back your position in February the following year To get this done you cal your a. Suppose that your total transaction costs for seling the 1,000 shares of Taittor in December were $50.56. What was the bidlask spread for Twitler at the time your trade was exocuted? b. Given that Twitter is listed on the NYSE. do your tolal transaction costs for Decembeer soom reasonable? Explain why or why not c. When your February statement amives in the mail, you seo that your total transaction costs for buying the 1,000 shares of Twitter were $47.95. What was the bidask spread for Twiter at the time your rade was executed? d. What are your total round-trip transaction costs for both soling and buying the shares, and what could you have done differently to reduce the total costs? a. The bidlask spread for Twiter, at the bme your trade was executed, is (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer 4 parts remaining Clear Al Final Check 1016 AM O Type here to search 6/5/2013