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You find that the bid and ask prices for a stock are $14.95 and $16.05, respectively. If you purchase or sell the stock, you must

You find that the bid and ask prices for a stock are $14.95 and $16.05, respectively. If you purchase or sell the stock, you must pay a flat commission of $15. If you buy 100 shares of the stock and immediately sell them, what is your total implied and actual transaction cost in dollars?

$30

$140

$15

$125

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