1. Below are some listings of bids and some listings of asking prices for a Hulltopia stock:

Bid Quantity Ask Quantity

54.37 1000 54.50 300

53.89 3000 54.75 400

53.50 1500 54.80 400

53.20 4000 55.01 6000

A. What is the bid-ask spread?(online fill in 3)

B. What is the total cost of buying 2000 stock? What is the average price paid for each stock?

C. Which action and why will lead to a larger dollar change of Hulltopias current stock price, a purchase order of 1500 stock or a sell order of 1500 stock? (Calculate prices)