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You Would Like to Buy Shares of Nokia (NOK)

Question 7

Multiple Choice

You would like to buy shares of Nokia (NOK) . The current bid and ask quotes are $25.43 and $25.45, respectively. You place a market buy-order for 150 shares that executes at these quoted prices. How much money did it cost to buy these shares?


A) $1,908.75
B) $3,815.50
C) $3,817.50
D) None of these choices are correct.

Correct Answer:

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