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Here is a small part of the order book for Mesquite Foods: Bid Ask Price Size Price Size 104.7 100 105.2 200 104.2 200 105.5
Here is a small part of the order book for Mesquite Foods:
Bid | Ask | ||
Price | Size | Price | Size |
104.7 | 100 | 105.2 | 200 |
104.2 | 200 | 105.5 | 200 |
102.7 | 400 | 105.7 | 300 |
101.5 | 300 | 106.2 | 400 |
a. Georgina Sloberg submits a market order to sell 100 shares. What price will she receive? b. Norman Pilbarra submits a market order to buy 400 shares. What is the maximum price that he will pay?
c. Carlos Ramirez submits a limit bid order at 106.7. Will it execute immediately?
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