Stella Places a Market Order with Her Broker to Buy

question 68

Multiple Choice

Stella places a market order with her broker to buy 1,000 shares of OneWorld Corp. The broker buys 1,000 shares at $16.00 each, and sells them to Stella at $16.15 each. He also charges a commission of $12.00. What is the total dollar amount spent towards the bid-ask spread in this case?

• A) $162
• B) $120
• C) $210.00
• D) $150

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Definitions:

Generalized Anxiety Disorder

A mental health condition characterized by excessive, persistent worry and anxiety about various aspects of daily life.

Nonspecific Phobia Disorder

A general term that might refer to an anxiety disorder characterized by an excessive and irrational fear of objects or situations that does not fall into the category of the well-defined specific phobias.

Obsessive-Compulsive Disorder

A mental disorder characterized by intrusive thoughts (obsessions) that produce uneasiness and repetitive behaviors (compulsions) aimed at reducing these feelings.

Self-Destructive Thoughts

Negative thought patterns that lead to harmful behaviors or actions towards oneself, often a symptom of underlying mental health issues.