Question: Average trade time in Ameritrade is 5 second. Ameritrade has promised its customers if trade time exceeds 22 second it is free (a $11.99 cost

Average trade time in Ameritrade is 5 second. Ameritrade has promised its customers if trade time exceeds 22 second it is free (a $11.99 cost saving for the customer.) There are 189000 average daily trades.

What is the daily cost of this policy to Ameritrade? The potential answers are: A: $25617 B: $31952 C: $30454 D: $9087 E: $27822

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