You would like to buy shares of International Business Machines (BM). 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 the options
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “You would like to buy shares of International Business Machines (BM). The current bid and ask quotes are $103.25 and $103.30, respectively ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
As the market price of a service increases, more potential sellers will decide to perform that service because: higher prices lead to lower opportunity costs. more potential sellers will find that the market price exceeds their reservation price.
Answers (1)
Colombia has an absolute advantage in producing coffee relative to the United States. A. Coffee cannot be grown in the United States. B. Government trade disincentives regarding Colombian coffee make such trade possible. C.
Answers (1)
Why is a certificate of deposit considered such a safe investment?
Answers (2)
An unlimited payment plan for controlling sales force expenses is not used very widely is flexible so management can allow for cost differentials for variations in jobs or territories. eliminates the need for salespeople to itemize their expenses.
Answers (1)
Which of the following is an example of an artistic career? A) Priest B) Photographer C) Firefighter D) Nurse
Answers (1)
New Questions in Business
n a company's merit pay program, an individual's compa-ratio represents the individual's pay relative to company's average pay for that position. the individual's worth versus that of others in the organization.
Answers (1)
Some interview questions are designed to rattle you to see how you deal with stress. True or false.
Answers (2)
Organizational culture consists of three levels: Select one: a. assumptions, orientations, and beliefs. b. beliefs, values, and artifacts. c. artifacts, assumptions, and beliefs. d. assumptions, artifacts, and values.
Answers (1)
What term refers to a set amount of money kept in the cash register to make change with? A. Excess cash B. Standard cash stock C. Cash drop D. Cash float
Answers (1)
Torres travel's stockholders' equity at the beginning of march 2014 was $200,000. during the month, the company earned net income of $50,000 and paid dividends of $10,000. at the end of march 2014, what is the amount of stockholders' equity?
Answers (1)