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You would like to sell 120 shares of Xenith Bankshares, Inc. (XBKS). The current ask and bid quotes are $4.16 and $4.12, respectively. You place
You would like to sell 120 shares of Xenith Bankshares, Inc. (XBKS). The current ask and bid quotes are $4.16 and $4.12, respectively. You place a limit sell order at $4.15. If the trade executes, how much money do you receive from the buyer? (Round your answer to 2 decimal places.)
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
12th Edition
1260772160, 978-1260772166
