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The Arizona Stock Exchange lists a bid price of 1.06 and an ask price of 1.15 for Kicking Bird Energy Corporation. Required: a. At what

The Arizona Stock Exchange lists a bid price of 1.06 and an ask price of 1.15 for Kicking Bird Energy Corporation.

Required:

a. At what price can you buy the stock? (Round your answer to 2 decimal places.)

b. What is the dealers bid-ask spread?(Round your answer to 2 decimal places.)

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