Stock AAPL last trade price was $130, the bid/ask is $129.98/$130.01 and the order size is 1,000/5,000. The next limit orders are bid of 129.95 for 5,000 shares and ask 130.05 for 5,000 shares. You send a buy order for 6,000 shares to the market. You get filled. The brokerage account you used charged $0.01/share commission. 

What is the total cost?

Answer rating: 100% (QA)

Stock price 130 Buy order size 6000 shares Commission 001 per ... View the full answer