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Question
Assume that you purchase 100 shares of Jiffy, Inc. common stock at the bid-ask prices of $32.00 - $32.50. When you sell, the bid-ask prices are $32.50 - $33.00. If you pay a commission rate of 0.5%, what is your profit or loss?A) $0
B) $16.25 loss
C) $32.50 gain
D) $32.50 loss
Answer
This answer is hidden. It contains 1 characters.
Related questions
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