Question
Consider the following limit-order book for a share of stock. If a market buy order for 200 shares comes in, what will the investor average
Consider the following limit-order book for a share of stock. If a market buy order for 200 shares comes in, what will the investor average cost be?
52.17
49.75
50.88 <----- This is the correct answer, what is the work?
50.25
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Financial Reporting And Statement Analysis A Strategic Approach
Authors: Clyde P. Stickney, Paul Brown, James M. Wahlen
5th Edition
032418638X, 978-0324186383
