16) You plan to buy 300 shares of the Microsoft stock (MSFT). If you are buying the shares at the market price, what will be the average price you are buying according to the limit book below. $170.50 (A) (B) $170.60 (C) $170.70 (D) $170.80 MSFT BID ASK SHARES PRICE SHARES PRICE 500 168.50 200 170.50 200 168.00 300 170.80 350 167.50 450 171.30 600 167.35 200 172.00 150 166.90 1,000 172.50 Continue the previous questions. What will be the bid-ask spread after your buying of 300 17) shares? (A) $0 (B) $1.5 $2.0 $2.3 AAPL corp. has an ROE of 20%. It's forecasted next period earning is $10/share and dividend is $4/share. Assume the cost of capital is 14%. What's the fair price value for MSFT? 18) (A) (B) $71.43 $128.57 (C) $200 (D) $350