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lstar1993 lstar1993
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5 years ago

Stella places a market order with her broker to buy 1000 shares of OneWorld Corp. The broker buys 1000 shares at $15.40 each, and sells them to Stella at $15.55 each. He also charges a commission of $12.00. What is bid-ask spread in this case?



▸ $15,400

▸ $150

▸ $172

▸ $15,562
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
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gdchavis1gdchavis1
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5 years ago
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lstar1993 Author
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5 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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