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Buying Stock with a Market Order You would like to buy shares of Ralph Lauren (RL). The current bid and ask quotes are $85.26 and $85.46, respectively. You place a market buy-order for 200 shares that executes at these quoted prices. How much money did it cost to buy these shares?

$17,092

$40

$34,144

$17,052

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M91780114

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