Apple closed on Friday Jan 5, 2019 at $177.09, with a bid-offer spread of 177.26 x 40,000 - 177.36 x 10,000. Assuming Apple opens on Monday with the same bid-offer spread, if you give an order to buy...

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Extracted text: Apple closed on Friday Jan 5, 2019 at $177.09, with a bid-offer spread of 177.26 x 40,000 - 177.36 x 10,000. Assuming Apple opens on Monday with the same bid-offer spread, if you give an order to buy 10,000 shares of Apple, how much will you pay? It depends on the opening price $1,772,600 $1,773,600 $177,260


Extracted text: A company declares bankruptcy with $60m in assets including a building worth $40m, $20m in equity, a $25m loan secured by a mortgage on the building, $15m in unsecured debt and $25m in preferred stock. How much will preferred stockholders get after liquidation? In the previous example, how much will the equity holders get after liquidation? $0 $5 million $10 million $15 million