E Homework: Assignment 2: The Financial Market Environment Question 11, P2-1 (book/static) HW Score: 09%, 0 of 19 points Part 1 of 4 Points: 0 of 1 Save Transaction costs You would like to purchase one Class A share of Berkshire Hathaway through your TD Ameritrade brokerage account

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E Homework: Assignment 2: The Financial Market Environment Question 11, P2-1 (book/static) HW Score: 09%, 0 of 19 points Part 1 of 4 Points: 0 of 1 Save Transaction costs You would like to purchase one Class A share of Berkshire Hathaway through your TD Ameritrade brokerage account. TD Ameritrade advertians a $5 commission for trades using their phone-based interactive violon response system. You call and loam that the bid price is S285,705.59 and the ask price Is $285,909.62, and you submit your order for one share. a. What is the current hidmask spread for Barkshire Hathaway Chess A shares? b. If TD Ameritrade routes your buy order to the NYSE. where Berkshire Hathaway is listed, what's the potential minimum your total transaction costs will be? c. If, instead, TD Ameritrade routes your buy order to NASDAQ, where Berkshire Hathaway is not listed, what's the potential maximum your total transaction costs will be? d. Regardless of how your trade is executed, based on the bidiask spread, what is the market value of your trade? a. The current bidlask spread for Berkshire Hathaway Class A shares is $ . (Round to the nearest cent)