1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kotegsom [21]
3 years ago
11

You would like to buy shares of International Business Machines (IBM). The current bid and ask quotes are $103.25 and $103.30, r

espectively. 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
Business
2 answers:
Komok [63]3 years ago
7 0

Answer:

c. $20,660.00

Explanation:

The current bid and ask quotes are quotes on a single share of stock. The bid price is the price at which buyers are willing to buy a stock while the ask price is the price sellers are willing to sell a stock.

If you would like to buy shares of International Business Machines (IBM), you will do so at the ask price;

Hence cost of shares

= 200 × $103.30

= $20,660

Vanyuwa [196]3 years ago
5 0

Answer:

$20,650.00

Explanation:

In the equity market, when shares are being bought there are usually bids submitted that will determine the buying price, so bid price is the price at which a share is bought. In this case it is $103.25.

When selling shares the price at which it is sold is the ask price.

Therefore the price for buying the IBM shares= Bid price* Quantity

= 103.25 * 200= $20,650

You might be interested in
Patrick has an adjusted gross income of $120,000 in the current year. He donated $50,000 in cash to a public charity; capital ga
bogdanovich [222]

Answer:

$8,000 bc (AGIx30%)- contributions

if this is a multiple choice question post the choices and i will tell you the corrrect one. thanks

4 0
3 years ago
there is some concern that increased use of could prompt the need for legislation protecting employee privacy rights.
djyliett [7]

There is some concern that increased use of electronic databases could prompt the need for legislation protecting employee privacy rights.

An electronic database is a computer-based collection also listing of the information. Through this the information can be searched in a fast and easy manner.

Electronic databases held organized collections of data, or information, which is thus stored in a computer in a readable form. So sometimes, the increased use of electronic databases might probably prompt the need for legislation which protects employee privacy rights.

Hence, the electronic databases can make it easier to search, query, filter and retrieve required data.

To learn more about legislation here:

brainly.com/question/13672467

#SPJ4

6 0
1 year ago
job ________ involves division of an organization’s work among its employees and application of motivational theories to jobs to
blondinia [14]
Job design. Hope this helps!!
5 0
3 years ago
A perfect hedge (full coverage) on translation exposure can usually be achieved when which of the following occurs? a. Using a f
attashe74 [19]

Answer:

e). None of the above, because a perfect hedge does not exist

A perfect hedge is nearly impossible

Explanation:

A perfect hedge is a position undertaken by an investor that would eliminate the risk of an existing position, or a position that eliminates all market risk from a portfolio. In order to be a perfect hedge, a position would need to have a 100% inverse correlation to the initial position.

At the time of taking an opposite position in Derivatives Market, Perfect Hedge would mean covering the risk involved in the Cash Market Position completely, i.e. 100%. 2. Imperfect Hedge: When the position in the cash market is not completely hedged or not hedged to 100%, then such a hedge is called Imperfect Hedge.

6 0
3 years ago
The following information concerning a proposed capital budgeting project has been provided by Jochum Corporation: Click here to
Mekhanik [1.2K]

Answer:

Correct option  $170,803

Explanation:

Consider the following calculation

NPV = -168000 - 24000 + ((640000 - 466000 - 42000)*(1 - .35)+42000)*PVAF(12%, 4 years) - 55000*PVF(12%, 3 year) + 24000*PVF (12%, 4 year)

= -192000 + 127800*3.03735 - 55000*.71178 + 24000*.6355

= 172.277

3 0
3 years ago
Other questions:
  • Which form of transportation is the dominant form of domestic transportation?
    15·1 answer
  • Fernando's favorable attitude toward capital punishment began to change when he wasasked to offer arguments opposing it in a cla
    6·1 answer
  • Helena says her decision to move to Costa Rica seemed like "kind of a crazy decision." If her happy memories of wonderful times
    13·1 answer
  • The Red Wolf Society, a nongovernmental not-for-profit organization, receives numerous contributed hours from volunteers during
    10·1 answer
  • Driving skills are a basic qualification of
    13·2 answers
  • What advice would you give to brand managers whose brands have become victims of brand hate? Illustrate your answer with at leas
    9·1 answer
  • 4. What is the difference between a goal and a strategy as
    7·1 answer
  • Which of the following factors is unique to B2B buying and is not typically found in B2C buying?
    12·1 answer
  • The consumer decision making process is comprised of these five steps: Need recognition, Environmental Scanning, Evaluation of a
    9·1 answer
  • What motivates U.S. companies to tailor their policies and practices to address
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!