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A limit order book is a compilation of all the available limit orders in the market for a specific stock at a specific time.The limit

A limit order book is a compilation of all the available limit orders in the market for a specific stock at a specific time.The limit order book is basically the technology that underpins the NASDAQ market.

The following is the "top" of the limit order book for TESLA

Assume that the orders in the limit order book can be subdivided (this is technically not true)

Asks
Shares Price
107 193.43
125 193.42
150 193.41
140 193.4
300 193.38
Bids
Shares Price
100 193.35
110 193.34
200 193.33
100 193.32
50 193.31

What is the current bid-ask spread for TESLA? (express your answer in dollars without the dollar sign i.e 0.15 for 15 cents)

An investor wants to buy 400 shares of TESLA. What is the total that they will pay in dollars? (omit dollar sign) Assume that the orders in the limit order book can be subdivided (this is technically not true)

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