(Answered) Buying stock with a market orderyou would like to buy

Economics

Buying Stock with a Market Order

You would like to buy shares of International Business Machines (IBM). The current bid and ask quotes are $96.20 and $96.30, respectively. You place a market buy-order for 400 shares that executes at these quoted prices. How much money did it cost to buy these shares?

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Business Economics, Economics

Category:- Business Economics
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