How does the size of the bid-ask spread vary according to, Financial Management

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How does the size of the bid-ask spread vary according to

1. How does the size of the bid-ask spread vary according to the time of day? Why?

2. How does volatility impact the size of the bid-ask spread?

3. Help explain book value as a valuation method. Help me understand how it compares to market capitalization.

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Financial Management: How does the size of the bid-ask spread vary according to

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Financial Management: How does the size of the bid-ask spread vary according to

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