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Consider the following limit order book. Bids Asks Price Quantity Price Quantity $9.96 500 $10.02 200 $9.86 1000 $10.04 1000 $9.852000 $10.10500 A limit order
Consider the following limit order book. Bids Asks Price Quantity Price Quantity $9.96 500 $10.02 200 $9.86 1000 $10.04 1000 $9.852000 $10.10500 A limit order to sell 700 shares at $9.93 arrives. What is the bid-ask spread after this order is executed. Answer in dollars and cents (ex: 0.25) Your
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