Here is a small part of the order book for Mesquite Foods:

Bid Ask

Price Size Price Size

$95 160 $95.5 320

$94.5 320 $95.8 320

$93 640 $96 540

$91.8 480 $96.5 580

a.Georgina Sloberg submits a market order to sell 160 shares. What price will she receive?

b.Norman Pilbarra submits a market order to buy 640 shares. What is the maximum price that he will pay?(Round your answer to 2 decimal places.)

c.Carlos Ramirez submits a limit bid order at 97. Will it execute immediately?

• Yes
• No