Shares of sirius satellite radio

Assignment Help Financial Management

Reference no: EM131900695

You would like to buy shares of Sirius Satellite Radio (SIRI). The current ask and bid quotes are $3.94 and $3.91, respectively. You place a market buy order for 530 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 = $

Reference no: EM131900695

Questions Cloud

How much will the position in the stock be worth : how many shares will the investor have at the end of ten years? how much will the position in the stock be worth?

The percentage of debt in the capital structure : The CFO wants to finance with 60% debt, but the president thinks it would be better to hold the percentage of debt in the capital structure (wd) to only 10%.

When taxpayer has unused losses from multiple nol years : When a taxpayer has unused losses from multiple NOL years, reduce taxable income in chronological order for the NOL tax years, beginning with the:

Either to invest to the position with standard deviation : Suppose you have 2 options either to invest to the position with standard deviation 5% and mean 5% or the alternative position with mean 7%.

Shares of sirius satellite radio : You would like to buy shares of Sirius Satellite Radio (SIRI). The current ask and bid quotes are $3.94 and $3.91, respectively.

The lessor and the lessee to be indifferent about the lease : What would the lease payment have to be for both the lessor and the lessee to be indifferent about the lease?

Maximum lease payment that would be acceptable to wildcat : What is the NAL for Wildcat? What is the maximum lease payment that would be acceptable to Wildcat?

Truth the brand provides little ecological benefit : Greenwashing is a practice in which companies promote their products as environmentally friendly when in truth the brand provides little ecological benefit.

What is the estimated value of convexity : What is the estimated value of Duration? What is the estimated value of Convexity?

User Account

All Pages