Question: 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

A market maker quotes the bid-ask for Amazon.com, Inc. (Ticker: AMZN) at

 

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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