Rachel currently has a limit order in place to buy TSLA stock at $242.65/share. The bid price

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Rachel currently has a limit order in place to buy TSLA stock at $242.65/share. The bid price is $245.10 and the ask price is $248.71. If Rachel changes her order to buy TSLA at the current market price, how much will she pay per share of TSLA?

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Derivatives Markets

ISBN: 9789332536746

3rd Edition

Authors: Robert McDonald

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Posted Date: Apr 11, 2023 04:21 AM

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Rachel currently has a limit order in place to buy TSLA stock at $242.65/share. The bid price

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SOLUTION The bid price is the highest price that a buyer is willing to pay for a stock while the ask ... View the full answer

Derivatives Markets

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