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Use the table for the question(s) below. Consider the following two quotes for XYZ stock: November 11th November 18th Ask: 25.25 Ask: 26.00 Bid: 25.20

  1. Use the table for the question(s) below. Consider the following two quotes for XYZ stock:
    November 11th November 18th
    Ask: 25.25 Ask: 26.00
    Bid: 25.20 Bid: 25.93
    How much would you have to pay to purchase 100 shares of XYZ stock on November 18th?

    $2593

    $2520

    $2525

    $2600

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