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You would like to buy shares of Sirius Satellite Radio (SIRI). The current ask and bid quotes are $4.14 and $4.11, respectively. You place a market buy order for 580 shares that executes at these quoted prices.

How much money did it cost to buy these shares? (Round your answer to 2 decimal places.)

PLease be detailed in your explanation

Financial Management, Finance

  • Category:- Financial Management
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