Buying Stock with a Market Order You would like to buy shares of Sirius Satellite Radio (SIRI).

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Buying Stock with a Market Order You would like to buy shares of Sirius Satellite Radio (SIRI). The current ask and bid quotes are $3.96 and $3.93, respectively. You place a market buy order for 500 shares that exe- cutes at these quoted prices. How much money did it cost to buy these shares? (LG4)

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Finance Applications And Theory

ISBN: 9780073530673

2nd Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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