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Samantha buys 100 shares of stock but changes her mind and immediately sells the stock. The broker's commission is $20 on a purchase or sale.
Samantha buys 100 shares of stock but changes her mind and immediately sells the stock. The broker's commission is $20 on a purchase or sale. Samantha lost $70 on this transaction. What was the difference between the bid and ask price per share?
I have the answer to this, but it would be helpful to have the solutions as well as the best way to solve/think about it. If that makes sense. Thanks!
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