Question
The current market quote for a share of Microsoft (Ticker: MSFT) stock is BID ASKED $30.13 $30.15 If an investor places a market buy order
The current market quote for a share of Microsoft (Ticker: MSFT) stock is
BID ASKED $30.13 $30.15
If an investor places a market buy order for 100 shares of MSFT stock, and the broker charges a $10 commission to execute the trade, what is the total cost of the purchase of the stock?
| a) $3025 | ||
| b) $3115 | ||
| c) $3125 | ||
| d) $3023 |
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
8th Edition
0077606779, 978-0697789945
