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How much money did it cost to buy these shares

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Reference no: EM132830834

Question - 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?

Determine the interest payment for the following three bonds. (Assume a $1,000 par value.) (Round your answers to 2 decimal places.)

a. 3.20% coupon corporate bond (paid semiannually)

b. 3.95% coupon Treasury note

c. Corporate zero-coupon bond maturing in 10 years.

Reference no: EM132830834

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