Multiple Choice
Buying Stock with a Market Order You would like to buy shares of International Business Machines (IBM) .The current bid and ask quotes are $96.17 and $96.24,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?
A) $7.00
B) $9,617.00
C) $9,624.00
D) $19,241.00
Correct Answer:
Verified
Correct Answer:
Verified
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