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Consider the following data and solve questions Bid Quantity Bid Price Ask Price Ask Quantity $150.00 1 102.56$ 2550 102.15$ 255 102.10$ 178 102.05$ 425

Consider the following data and solve questions

Bid Quantity Bid Price Ask Price Ask Quantity
$150.00 1
102.56$ 2550
102.15$ 255
102.10$ 178
102.05$ 425
101.91$ 500
101.84$ 200
101.75$ 225
101.55$ 125
100.90$ 55
150 100$
225 99.90$
580 99.85$
654 99.73$
350 99.52$
335 99.48$
1500 99.43$
1548 99.30$
2500 99.25$
3000 99.15$

a) The price of a market order to sell 100 shares.

b) The price of a market order to buy 200 shares

c) The effective bid-ask spread as the last order is executed .

plz explain each step

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