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Problem 8-7 Buying Stock with a Market Order (LG8-4) You would like to buy shares of Sirius Satellite Radio (SIRI). The current ask and bid
Problem 8-7 Buying Stock with a Market Order (LG8-4) You would like to buy shares of Sirius Satellite Radio (SIRI). The current ask and bid quotes are $4.42 and $4.39, respectively. You place a market buy order for 650 shares that executes at these quoted prices. How much money did it cost to buy these shares? (Round your answer to 2 decimal places.)
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