Use the figure for the question(s)below.
-Using the above information, how much would you have to pay for a share of BHP Billiton stock if you wanted to ensure your trade would be immediately executed?

Question

Use the figure for the question(s)below. 
-Using the above information, how much would you have to pay for a share of BHP Billiton stock if you wanted to ensure your trade would be immediately executed?

Quizplus · Accepted Answer

To ensure immediate execution of a stock purchase, you would need to buy at the current ask price, which is the lowest price a seller is willing to accept. In this case, the ask price is $41.93.

Use the Figure for the Question(s)below