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You would like to buy shares of Sirius Satellite Radio (SIRI). The current ask and bid quotes are $4.02 and $3.99, respectively. You place a market buy order for 550 shares that executes at these quoted prices.

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

Cost of shares

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92331034

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