Here is some price information on Fincorp stock. Suppose that Fincorp trades in a dealer market. Bid 1 answer below »
Here is some price information on Fincorp stock. Suppose that Fincorp trades in a dealer market.
Bid Asked 46.54 46.89
a.
Suppose you have submitted an order to your broker to buy at market. At what price will your trade be executed? (Round your answer to 2 decimal places. Omit the “$” sign in your response.)
Price $
b.
Suppose you have submitted an order to sell at market. At what price will your trade be executed?(Round your answer to 2 decimal places. Omit the “$” sign in your response.)
Price $