You Would Like to Buy Shares of Nokia (NOK)

question 7

Multiple Choice

You would like to buy shares of Nokia (NOK) . The current bid and ask quotes are $25.43 and $25.45, respectively. You place a market buy-order for 150 shares that executes at these quoted prices. How much money did it cost to buy these shares?

• A) $1,908.75
• B) $3,815.50
• C) $3,817.50
• D) None of these choices are correct.

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Definitions:

Cooperativeness

The willingness to work together with others towards a common goal or to be helpful.

Assertiveness

A communication and behavior style characterized by confidently expressing one's thoughts, feelings, and beliefs in a way that respects the rights of others.

Conflict Management

The practice of identifying and handling conflicts in a sensible, fair, and efficient manner.

Superordinate Goal

A shared objective that requires the cooperation of two or more individuals or groups to achieve, often used to resolve conflicts.