Price Size Price Size
Business, 12.08.2020 04:01 Jayschannelutube
Here is a small part of the order book for Mesquite Foods:
Bid Ask
Price Size Price Size
103 100 103.5 200
102.5 200 103.8 200
101 400 104 300
99.8 300 104.5 400
a. Georgina Sloberg submits a market order to sell 100 shares. What price will she receive?
b. Norman Pilbarra submits a market order to buy 400 shares. What is the maximum price that he will pay? (Round your answer to 2 decimal places.)
c. Carlos Ramirez submits a limit bid order at 105. Will it execute immediately?
Yes
No
Answers: 2
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Here is a small part of the order book for Mesquite Foods:
Bid Ask
Price Size Price Size
Price Size Price Size
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