Question
Consider the following limited-order book of a market marker/dealer: Bid Ask Price ($) Shares Price ($) Shares 49.750 500 50.250 100 49.500 800 51.500 100
Consider the following limited-order book of a market marker/dealer:
| Bid | Ask | ||
| Price ($) | Shares | Price ($) | Shares |
| 49.750 | 500 | 50.250 | 100 |
| 49.500 | 800 | 51.500 | 100 |
| 49.250 | 500 | 54.750 | 300 |
| 49.000 | 200 | 58.250 | 100 |
| 48.500 | 600 |
|
|
If you place a market sell order for 200 shares, at what average price will it be filled?
| A. | $50.875 | |
| B. | $50.250 | |
| C. | $49.500 | |
| D. | $49.750 |
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Application Service Providers In Business
Authors: Luisa Focacci, Robert J. Mockler, Marc E. Gartenfeld
1st Edition
0789024810,1317786971
