You would like to buy shares of sirius satellite radio siri


You would like to buy shares of Sirius Satellite Radio (SIRI). The current ask and bid quotes are $3.94 and $3.91, respectively. You place a market buy order for 530 shares that executes at these quoted prices. How much money did it cost to buy these shares? (Round your answer to 2 decimal places.)

Cost of shares =  $

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Financial Management: You would like to buy shares of sirius satellite radio siri
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