Stella Places a Market Order with Her Broker to Buy

question 74

Multiple Choice

Stella places a market order with her broker to buy 1000 shares of OneWorld Corp.The broker buys 1000 shares at $15.40 each,and sells them to Stella at $15.55 each.He also charges a commission of $12.00.What is bid-ask spread in this case?

• A)$15,400
• B)$15,562
• C)$172
• D)$150

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Definitions:

Conscientiousness

A personality trait characterized by being thorough, careful, or vigilant; implies a desire to do a task well.

Productivity

The efficiency of industrious output regarding how output per input unit is measured, particularly in business sectors.

Job Setting

A job setting refers to the environment or workplace where an individual performs their occupational tasks, including physical space, cultural context, and organizational structure.

Personality Trait

Enduring characteristics that describe an individual's usual patterns of behavior, thoughts, and feelings.