20

QUESTION 2 Bid Ask Price (ZAR) Size Price (ZAR) Size 20 150 22 250 19 200 23 100 18 100 24 200 17 300 25 400 16 200 26 100 Consider the above double auction book. A buyer enters a bid for 300 shares at a price of R22 each. After he has managed to buy any shares available to him at this price, how many shares are listed at a price of R22 in the continuous double auction book? In which column are the shares? 250 shares; bid column 50 shares; bid column 250 shares; ask column 50 shares; ask column