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How much money do you receive from the buyer

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Selling Stock with a Limit Order

You would like to sell 500 shares of Pfizer, Inc.(PFE). The current bid and ask quotes are $27.36 and $27.39, respectively. You place a limit sell-order at $27.38. If the trade executes, how much money do you receive from the buyer?

Reference no: EM131856530

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