Question
You would like to buy shares of International Business Machines (IBM). The current bid and ask quotes are $96.31 and $96.52, respectively. You place a
You would like to buy shares of International Business Machines (IBM). The current bid and ask quotes are $96.31 and $96.52, respectively. You place a market buy-order for 500 shares that executes at these quoted prices. How much money did it cost to buy these shares? $
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Cases in Finance
Authors: Jim DeMello
3rd edition
1259330476, 1259330478, 9781259352652 , 978-1259330476
