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Here is a small part of the order book for Mesquite Foods: Bid Size 290 580 $ 107 1,160 870 Price $ 109 $ 108.50
Here is a small part of the order book for Mesquite Foods: Bid Size 290 580 $ 107 1,160 870 Price $ 109 $ 108.50 $ 105.80 Price Ask $ 110 $110.50 a. Georgina Sloberg submits a market order to sell 290 shares. What price will she receive? Price $ 109.50 $ 109.80 Maximum price Size 580 580 1,060 970 b. Norman Pilbarra submits a market order to buy 1,160 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 111. Will it execute immediately?
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