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

Bid		Ask
Price	Size	Price	Size
108	280	108.5	560
107.5	560	108.8	560
106	1,120	109	1,020
104.8	840	109.5	940

a. Georgina Sloberg submits a market order to sell 280 shares. What price will she receive?

b. Norman Pilbarra submits a market order to buy 940 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 110. Will it execute immediately?

Yes

No