Bid and Ask price per share
Not what you're looking for?
a. You overheard a dealer for Teldar Paper's stock saying that the bid and ask for Teldar were 23:19 AND 23:47, respectively. if you were looking to sell 100 shares of Teldar to the dealer, at what price per share could you sell them?
b. If your friend Jimmy wants to buy 100 shares of Teldar from the dealer, at what price per share could he buy them?
c. If both of these transactions occur, what is the dealer profit?
Purchase this Solution
Solution Summary
The solution explains how to determine the bid and ask price per share.
Solution Preview
The bid price is what the dealer would buy the shares and the ask price is what the dealer will sell the shares.
a. If you are looking to sell the ...
Purchase this Solution
Free BrainMass Quizzes
Introduction to Finance
This quiz test introductory finance topics.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.