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An investor considers buying Target stock. Following is the current limit order book of Target: Bid/Ask Price Size Ask 167.00 250 Ask 166.50 50 Ask
An investor considers buying Target stock. Following is the current limit order book of Target:
Bid/Ask | Price | Size |
Ask | 167.00 | 250 |
Ask | 166.50 | 50 |
Ask | 166.00 | 100 |
Bid | 165.20 | 200 |
Bid | 165.00 | 250 |
Bid | 164.50 | 100 |
The investor submits a limit order to buy 50 shares. Given the limit order book, what would be the best price for the investor that would lead to immediate execution?
Group of answer choices
$165.20
$165.60
$166.00
$166.50
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