Suppose you can buy Ford Motor Company with a market order for $10.04 per share. The current
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Suppose you can buy Ford Motor Company with a market order for $10.04 per share. The current best bid quote is $9.99 and the best ask is $10.05. What is the dollar effective spread per share on this transaction?
Related Book For
Financial Theory and Corporate Policy
ISBN: 978-0321127211
4th edition
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
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