Buying stock with a market order you would like to buy


Buying Stock with a Market Order You would like to buy shares of Ralph Lauren (RL). The current bid and ask quotes are $85.18 and $85.30, respectively. You place a market buy-order for 500 shares that executes at these quoted prices. How much money did it cost to buy these shares?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Buying stock with a market order you would like to buy
Reference No:- TGS01176487

Expected delivery within 24 Hours