8-7 nation Buying Stock with a Market Order You would like to buy shares of Sirius Satel- lite 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 executes at these quoted prices. How much money did it cost to buy these shares?

3-7 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 executes at these quoted prices. How much money did it cost to buy these shares? (LG8-4)