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A market has the following limit order book for a stock: Bid Size Limit Price Offer Size 400 shares $11.4 1,200 13.9 000 15.5 000

A market has the following limit order book for a stock:

Bid Size Limit Price Offer Size
400 shares $11.4
1,200 13.9
000 15.5
000 17.8
20.3 600 shares
29.2 200
34 800

A trader has just placed a new limit buy order at $30 of 1,000 shares. When and if this order is executed, what is the average price paid for the shares bought?

Round your answer to the nearest one decimal place, i.e., $0.1.

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