Business, 15.02.2021 23:30, xinkyx616

You find that the bid and ask prices for a stock are $10.25 and $10.30, respectively. If you purchase or sell the stock, you must pay a flat commission of $7 (per trade). If you buy 100 shares of the stock and immediately sell them, what is your total implied and actual transaction cost in dollars

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You find that the bid and ask prices for a stock are $10.25 and $10.30, respectively. If you purchas...