3. Based on the bids and asks of MSFT below, please answer?How much money do I need to pay to buy 2,000 shares of MSFT• How much money do I receive for selling 1000 shares of MSFTMicrosoft Corporation (MSFT)NasdaqGS-NasdaqGS Real Time Price. Currency in USD101.50 -0.07 (-0.07%) As of 1:21PM EST. Market open.. Order BookTop of BookPrice101.46101.45Bld101.44101.43101.42Size100357200400427Price101.47101.48101.49101.50101.51AskSize199Watchlist600300700400

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FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

3. Based on the bids and asks of MSFT below, please answer?
How much money do I need to pay to buy 2,000 shares of MSFT
• How much money do I receive for selling 1000 shares of MSFT
Microsoft Corporation (MSFT)
NasdaqGS-NasdaqGS Real Time Price. Currency in USD
101.50 -0.07 (-0.07%) As of 1:21PM EST. Market open.
. Order Book
Top of Book
Price
101.46
101.45
Bld
101.44
101.43
101.42
Size
100
357
200
400
427
Price
101.47
101.48
101.49
101.50
101.51
Ask
Size
199
Watchlist
600
300
700
400

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