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Here is some price information on Fincorp stock. Suppose that Fincorp trades in a dealer market. Bid Asked 46.54 46.89 a. Suppose you have submitted
Here is some price information on Fincorp stock. Suppose that Fincorp trades in a dealer market. |
Bid | Asked |
46.54 | 46.89 |
a. | Suppose you have submitted an order to your broker to buy at market. At what price will your trade be executed? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) |
Price | $ |
b. | Suppose you have submitted an order to sell at market. At what price will your trade be executed?(Round your answer to 2 decimal places. Omit the "$" sign in your response.) |
Price | $ |
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