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Consider the following order book. Which one of the following statements is FALSE? Ask $98 $97 $96 $95 $94 $93 65 170 50 100 80
Consider the following order book. Which one of the following statements is FALSE? Ask $98 $97 $96 $95 $94 $93 65 170 50 100 80 70 Bid a) 50 shares are in a queue to be sold at $96 b) If an investor places a market order to sell 40 shares, it will be executed at $95 per share. c) If an investor place a limit order to buy 50 shares at $95 shares, the order will be executed immediately. d) Price of ask quotes are always higher than that of bid quotes
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