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Q16 Finance hw An order book displays the following information for stock ABC: Bid Ask Shares Price Price Shares 200 25.72 25.83 100 100 25.69

Q16 Finance hw

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An order book displays the following information for stock ABC: Bid Ask Shares Price Price Shares 200 25.72 25.83 100 100 25.69 25.88 200 300 25.64 25.97 200 200 25.59 26.05 400 What is the relative spread of stock ABC? Answer should be formatted as a percent with 2 decimal places (e.g. 99.99)

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