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You would like to sell 160 shares of Echo Global Logistics, Inc. (ECHO). The current ask and bid quotes are $15.32 and $15.27, respectively. You
You would like to sell 160 shares of Echo Global Logistics, Inc. (ECHO). The current ask and bid quotes are $15.32 and $15.27, respectively. You place a limit sell order at $15.31. If the trade executes, how much money do you receive from the buyer? (Round your answer to 2 decimal places.)
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