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Business, 03.02.2020 23:45 tweetybird69903

You find that the bid and ask prices for a stock are $12.65 and $13.40, respectively. if you purchase or sell the stock, you must pay a flat commission of $30. if you buy 300 shares of the stock and immediately sell them, what is your total implied and actual transaction cost in dollars?

a. $15
b. $180
c. $165
d. $30

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