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The Arizona Stock Exchange lists a bid price of 1.09 and an ask price of 1.20 for Kicking Bird Energy Corporation. a. At what price

The Arizona Stock Exchange lists a bid price of 1.09 and an ask price of 1.20 for Kicking Bird Energy Corporation.

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

Ask price $

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

Bid-ask spread $

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