Buying stock with a market order

Assignment Help Financial Management

Reference no: EM131573229

Buying Stock with a Market Order You would like to buy shares of International Business Machines (IBM). The current bid and ask quotes are $96.32 and $96.54, respectively. You place a market buy-order for 100 shares that executes at these quoted prices. How much money did it cost to buy these shares? Answer options: $9,654, $22, $9,632, $19,286

Reference no: EM131573229

Questions Cloud

Discuss the formal power series expansion : Generating functions are useful in studying the number of different types of partitions of an integer n.

Find the electric field exterior to the sphere : 1. Find the electric field exterior to the sphere, for r > b. 2. What's the electric field inside the conductor, for a

Develop a relationship with every young child : Why do you think it is so important to develop a relationship with every young child especially a child with challenging behavior

Provide a scenario that shows each theory in use : For each theory, identify and explain which traits are exemplified. Provide a scenario that shows each theory in use. How would it promote communication?

Buying stock with a market order : You place a market buy-order for 100 shares that executes at these quoted prices. How much money did it cost to buy these shares?

What is the maximum value of m2 : What is the maximum value of m2 before m1 starts sliding across the table?

Discount bond and premium bond : Calculate the price of a 6.3 percent coupon bond with 10 years left to maturity and a market interest rate of 7.5 percent. Is this a discount or premium bond?

Critical thinking- decision making to solve each situation : Formulate at least two questions that ask what was going on during the situation, and explain your answer to each question as a means of self-assessment

How far does the plane slide before coming to a stop : The coefficient of kinetic friction between the skis and the ice is 0.200. How far does the plane slide before coming to a stop?

User Account

All Pages