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Suppose that you have $1,000 invested in a security that is currently trading at a bid price of $0.99 and an offer price of $1.01.

Suppose that you have $1,000 invested in a security that is currently trading at a bid price of $0.99 and an offer price of $1.01. If you were to liquidate your position now, what would the cost of liquidation be?

A. $10.00

B. $1.00

C. $0.10

D. $20.00

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