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You would like to buy shares of International Business Machines (IBM). The current bid and ask quotes are $96.34 and $96.58, respectively. You place a

You would like to buy shares of International Business Machines (IBM). The current bid and ask quotes are $96.34 and $96.58, respectively. You place a market buy-order for 300 shares that executes at these quoted prices. How much money did it cost to buy these shares?

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