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Here is a small part of the order book for Mesquite Foods: Bid Ask Price Size Price Size $ 101 220 $ 101.50 440 $
Here is a small part of the order book for Mesquite Foods: Bid Ask Price Size Price Size $ 101 220 $ 101.50 440 $ 100.50 440 $ 101.80 440 $ 99 880 $ 102 780 $ 97.80 660 $ 102.50 760 Georgina Sloberg submits a market order to sell 220 shares. What price will she receive? Norman Pilbarra submits a market order to buy 880 shares. What is the maximum price that he will pay? Note: Round your answer to 2 decimal places.
Here is a small part of the order book for Mesquite Foods: a. Georgina Sloberg submits a market order to sell 220 shares. What price will she receive? b. Norman Pilbarra submits a market order to buy 880 shares. What is the maximum price that he will pay? Note: Round your answer to 2 decimal places. c. Carlos Ramirez submits a limit bid order at 103 . Will it execute immediately? Yes NoStep by Step Solution
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