What is the cost of 50 shares of Apple, Inc. stock given that the bid-ask prices are $109.48 - $109.55 and a $20.00 commission per transaction exists?

Gilead Sciences, Inc. stock has a bid price of $64.56 and an ask price of $64.58. Assume there is a $25 brokerage commission. What amount will you receive for selling 200 shares?

Answer rating: 100% (QA)

To calculate the cost of 50 shares of Apple Inc stock we need to consider the bid price the ask pric... View the full answer