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QUESTION
You would like to buy shares of Ralph Lauren (RL). The current bid and ask quotes are $85.16 and $85.26, respectively. You place a market buy-order...
You would like to buy shares of Ralph Lauren (RL). The current bid and ask quotes are $85.16 and $85.26, respectively. 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?
