The arizona stock exchange lists a bid price of 118 and an


The Arizona Stock Exchange lists a bid price of 1.18 and an ask price of 1.35 for Kicking Bird Energy Corporation.

a. At what price can you buy the stock? (Round your answer to 2 decimal places.)

b. What is the dealer's bid-ask spread? (Round your answer to 2 decimal places.)

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Financial Management: The arizona stock exchange lists a bid price of 118 and an
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