Question

You want to buy a share of Acme Corp. stock. Your on-line broker shows a bid price of $30, and has a bid-ask spread of $.50. Assuming you buy “at the market” (i.e., at the prices currently quoted) how much will you pay for a share of the stock? How much will the seller of each share that you buy receive? Explain.

Jul 24, 2015

Dude, you're in my class at Harvard.

Jul 25, 2015

HAHA.. Having trouble with this one

Jul 25, 2015

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