Transaction costs in lase December you deoide to sel a losing position that you hold in Tweiter so you can capture the loss and use it to ottset some capital gains, thus reduoing your tauss for the current year. However, since you believe shat Twitter is a good long-term imvestment, you wish to buy back yout poaition in Febnary next year, You call your Charles Schwab brokerage account marager and request that he sell your 1,500 shares of Twitlor and buy them back in February. Charles Schwab charges a commission of $25 for broker-aseisted trades. a. Suppose that your total transaction costs for seling the 1,\$00 sheres of Twither in December were $45.00. What was the bidask spread for Twitler at the sime your trade was expouted? b. Given that Twater is isted on the NYSE, do your lotal transaction oosts for December seem reasonable? Explain why or why noc. c. When your February statement arives in the mail, you see that your total fransaction conts for buying the 1,500 shares of Twitter wore $40.20. What was the bidiask noread for Twitier at the time your trade was execuled? d. What ace your total round-trip transaction costs for both soling and buying the shares, and what covid you have done diflorently to roduce the totat costs