asked 222k views
2 votes
A customer enters an order to purchase 1000 shares of xyz common stock at the market when the quote is 18.22 bid, 18.30 ask. if the transaction is executed at the market and the broker charges a $.10 mark-up how will the price be reported to the consolidated tape system?

a.18.22

b.18.30

c.18.40

d.18.32

asked
User Jmingov
by
8.5k points

1 Answer

4 votes

I believe answer is C

answered
User WhiteViking
by
8.3k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.