Dell is a large stock, just like PepsiCo. Therefore, a round-trip transaction would probably cost a bid-ask

Question:

Dell is a large stock, just like PepsiCo. Therefore, a round-trip transaction would probably cost a bid-ask spread of between 0.1% and 0.3%. On a $10,000 investment, the bid-ask cost would be around $20, and broker fees would probably be around $10 to $30 with a discount broker. Thus, $50 (or 0.5%) is a reasonable estimate.

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