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23 January, 01:27

A customer enters an order to purchase 1000 shares of xyz common stock at the market when the quote is 18.22 bid, 18.30 ask. if the transaction is executed at the market and the broker charges a $.10 mark-up how will the price be reported to the consolidated tape system?

a. 18.22

b. 18.30

c. 18.40

d. 18.32

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Answers (1)
  1. 23 January, 01:53
    0
    I believe answer is C
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