Question
P7-2 Buying Stock with a Market Order You would like to buy shares of Widgets, Inc. The current ask and bid quotes are $8.625 and
P7-2 Buying Stock with a Market Order You would like to buy shares of Widgets, Inc. The current ask and bid quotes are $8.625 and $8.375 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?
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International Financial Management
Authors: Cheol Eun, Bruce G. Resnick
8th edition
125971778X, 978-1259717789
