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The bid and ask prices of a certain stock are $30.25 and $30.50, respectively. The broker's commission is 0.2%. Phil buys 150 shares and immediately

The bid and ask prices of a certain stock are $30.25 and $30.50, respectively. The broker's commission is 0.2%. Phil buys 150 shares and immediately sells them. What is his round-trip transaction cost?

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