Multiple Choice
You would like to buy shares of International Business Machines (IBM) . The current bid and ask quotes are $103.25 and $103.30, respectively. You place a market buy-order for 200 shares that executes at these quoted prices. How much money did it cost to buy these shares?
A) $10,330.00
B) $20,650.00
C) $20,660.00
D) None of these choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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