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Emma Radcliffe places a market order to buy a round lot ofThomas, Inc., commonstock, which is traded on the NYSE and is currently quoted at

Emma Radcliffe places a market order to buy a round lot ofThomas, Inc., commonstock, which is traded on the NYSE and is currently quoted at $41.72 per share. Ignoring brokeragecommissions, determine how much money Radcliffe probably have to pay. If she had placed a market order tosell, how much money will she probablyreceive? Explain.

Ignoring brokeragecommissions, Radcliffe would probably have to pay $___

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