a)Bid ask spread= ask price-bid price
=263770-262850=920
b)the minimum transaction cost per share will be the =bid/ask
spread+ commission on online
=920+7=927
c)As here the shares not listed in NASDAQ the cost will be only
bid/ask spread and it is 920
d)market value of trade=(bid+ask)/2
=(262850+263770)/2=263310
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