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Answer the following question based on the following quote revisions of a dealer. Transaction time 1:02pm 1:10 pm Dealer's quote Ask = 10.04 Bid = 10.01 Buyer 1 arrived and traded at $10.04 Dealer's quote Ask = 10.05 Bid = 10.01 Seller 1 arrived and traded at $10.01 Dealer's quote Ask = 10.04 Bid = 10.00 Buyer 2 arrived and traded at $10.04 1:16pm Based on the information available, what is the closest to) the dealer's average adverse selection component expressed as a proportion of the total spread? 0% a. 20.8% b. 41.7% C. 50.0% O d. None of the above. O e