Stella places a market order with her broker to buy 1,000 shares of OneWorld Corp. The broker buys 1,000 shares at $16.00 each, and sells them to Stella at $16.15 each. He also charges a commission of $12.00. What is the total dollar amount spent towards the bid-ask spread in this case?
A) $162
B) $120
C) $210.00
D) $150
Correct Answer:
Verified
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