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Suppose that XXX stock has a bid of $50. Assume that the bid-ask spread is 0.3. a. What is the Ask price of XXX

Suppose that XXX stock has a bid of $50. Assume that the bid-ask spread is 0.3. a. What is the Ask price of XXX stock? b. At what price can a market-maker buy a security? c. At what price can a market-maker sell a security?

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