Question
You would like to buy shares of International Business Machines (IBM). The current bid and ask quotes are $96.29 and $96.48, respectively. You place a
You would like to buy shares of International Business Machines (IBM). The current bid and ask quotes are $96.29 and $96.48, 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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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
