A market maker quotes the bid-ask for Amazon.com, Inc. (Ticker: AMZN) at 127.51-127.82. You purchase the...
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A market maker quotes the bid-ask for Amazon.com, Inc. (Ticker: AMZN) at 127.51-127.82. You purchase the stock. The following day the quoted bid-ask for the same stock is 126.22-126.80. You decide to sell your shares. What is your profit on a per-share basis? -$1.29 -$0.71 -$1.60 -$1.02 A market maker quotes the bid-ask for Amazon.com, Inc. (Ticker: AMZN) at 127.51-127.82. You purchase the stock. The following day the quoted bid-ask for the same stock is 126.22-126.80. You decide to sell your shares. What is your profit on a per-share basis? -$1.29 -$0.71 -$1.60 -$1.02
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When trading stocks if you are buying you pay the ask price and if y... View the full answer
Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
Posted Date:
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