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You discover that the bid price for a share is $36.30, but the ask price is $0.25 higher than the bid price. If you buy

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You discover that the bid price for a share is $36.30, but the ask price is $0.25 higher than the bid price. If you buy or sell the share, you must pay a $15.00 flat commission. What is the total implied and actual transaction cost in dollars and two decimal places if you buy 415 shares of the company and immediately sell them? GA

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