Value 3 marks 1. You bought 10 shares of stock X yesterday at the ask price of 100, and sell them today at the bid price
Posted: Sat Feb 26, 2022 9:12 am
Value 3 marks
1. You bought 10 shares of stock X yesterday at the ask price of
100, and sell them today at the bid price of 120. The brokerage fee
is 1.5% of the bid or ask price. What is the round-trip transaction
cost?
Show work
1. You bought 10 shares of stock X yesterday at the ask price of
100, and sell them today at the bid price of 120. The brokerage fee
is 1.5% of the bid or ask price. What is the round-trip transaction
cost?
Show work