How much money did it cost to buy these shares

Assignment Help Financial Management
Reference no: EM131327539

You would like to buy shares of Coldwater Creek, Inc. (CWTR). The current ask and bid quotes are $21.60 and $21.56, respectively. You place a market buy order for 360 shares that executes at these quoted prices.

How much money did it cost to buy these shares? (Round your answer to 2 decimal places.)

Reference no: EM131327539

Questions Cloud

What is return shareholders are expecting : American Eagle Outfitters (AEO) recently paid a $.54 dividend. The dividend is expected to grow at a 17.10 percent rate. At the current stock price of $25.67, what is the return shareholders are expecting?
Operates wholesale business : On March 1 of the current year G, who operates a wholesale business, leased a new warehouse space and immediately spent $100,000 improving the interior of the building. The lease contract is for 5 years with an option to renew the lease for two addit..
Compute depreciation expense each year over five-year life : A firm is considering a new project that will require purchasing equipment which will have an installed cost of $1 million. The project has a five year life, and the equipment will be depreciated using 5-year MACRS depreciation. The marginal tax rate..
New project that will require purchasing equipment : A firm is considering a new project that will require purchasing equipment which will have a cost of $18 million. Installation and modification of the equipment will cost $2 million. The project has a five year life, and the equipment will be depreci..
How much money did it cost to buy these shares : You would like to buy shares of Coldwater Creek, Inc. (CWTR). The current ask and bid quotes are $21.60 and $21.56, respectively. You place a market buy order for 360 shares that executes at these quoted prices. How much money did it cost to buy thes..
A protective covenant : Toy Mart recently announced that it will pay annual dividends at the end of the next two years of $1.60 and $1.10 per share, respectively. Then, in Year 5 it plans to pay a final dividend of $13.50 a share before closing its doors permanently. At a r..
Measured by the standard deviation of returns : Assume that your uncle holds just one stock, East Coast Bank (ECB), which he thinks has very little risk. You agree that the stock is relatively safe, but you want to demonstrate that his risk would be even lower if he were more diversified. Measured..
The divdend is expected to increase : ABC Inc. is ecpected to pay anual dividend of .85$ and 1.25$ and 1.75$ a share over the next three years, respectively. after that, the divdend is expected to increase by 1% anually what is 1 share of stock worth today if similar stocks are yeilding ..
How much would it cost her to buy such an annuity today : Your aunt is about to retire, and she wants to sell some of her stock and buy an annuity that will provide her with income of $34,000 per year for 30 years, beginning a year from today. The going rate on such annuities is 7.25%. How much would it cos..

Reviews

Write a Review

 

Financial Management Questions & Answers

  Category consists of a minimum of two entries

By convention, each category consists of a minimum of two entries. If your first category is Roman numeral I, your outline must also have a category labeled Roman numeral II; if you have a capital letter A under category I, you must also have a ca..

  Variable costs and fixed costs

A company has $30 per unit in variable costs and $1,200,000 per year in fixed costs. Demand is estimated to be 110,000 units annually. What is the price if a mark-up of 40% on total cost is used to determine the price?

  What is the cash collected in july

Consider a company that has sales in May, June, and July of $10.3 million, $12.3 million, and $9.3 million, respectively. The firm is paid by 35 percent of its customers in the month of the sale, 40 percent in the following month, and 22 percent in t..

  Differences between deterministic and probabilistic models

Provide examples of decision problems you face frequently under the four different states of the decision environment. What are the primary differences between deterministic and probabilistic models?

  What happens to the continuously compounded forward rate

Verify this result and explain what happens to the continuously compounded forward rate as the number of days in the forward contract increases and the more distant spot rate remains at 6 percent.

  Total effective tax rate on the corporation earnings

Consider a C corporation. The corporation earns $3.5 per share before taxes. After the corporation has paid its corresponding taxes, it will distribute 100% of its earnings to its shareholders as a dividend. What are the shareholder's earnings from t..

  What is mellow federal income tax withholding

Marsha Mellow’s weekly gross earnings for the present week were $1,250. Mellow has one exemption. Using the wage bracket withholding table in Exhibit 3 with a $75 standard withholding allowance for each exemption, what is Mellow’s federal income tax ..

  Gains from investments are taxes as ordinary income except

All of the following gains from investments are taxes as ordinary income except:

  Problem regarding the breach of contract

Unfortunately, the hot bread caused the ink to run, and customers opening the carton often found red or blue splotches on their pizzas. Highland refused to accept additional brochures, and Comark sued for breach of contract. Highland defended by c..

  Thinking about leasing a car

You are thinking about leasing a car. the purchase price of the car is $25,000. The residual value (the amount you could pay to keep the car at the end of the lease) is $15,000 at the end of 36 months. Assume the first lease payment is due one month ..

  Describe how lenders might price loans to the borrowers

Suppose that four college students check their FICO scores and discover the information listed below. Describe how lenders might price loans to the borrowers with lower scores versus the borrowers with higher scores in terms of rates and fees charged..

  Examples of the factors that contribute to job satisfaction

Investigate two to three (2-3) reasons why diversity is important to an organization’s success. Speculate on the major potential ramifications to an organization if said organization does not practice diversity management. Give at least two (2) examp..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd