Bid price-brokerage fees, The bid price of MassNet

Bid price-brokerage fees

Assignment Help Financial Management

Reference no: EM13953951

The bid price of MassNet Corporation is 11.60 and the offer price is 12.40.

a. Ignoring brokerage fees, an investor will have to pay $ to buy 60 of MassNet common stock directly from the dealer;

b. Ignoring brokerage fees, an investor will receive $ from selling 85 of MassNet common stock directly from the dealer.

Reference no: EM13953951

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