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Here is a small part of the order book for Mesquite Foods: Bid Ask Price 103.0 102.5 101.0 99.8 Size 100 200 400 300 Price
Here is a small part of the order book for Mesquite Foods: Bid Ask Price 103.0 102.5 101.0 99.8 Size 100 200 400 300 Price 103.5 103.8 104.0 104.5 Size 200 200 300 400 a. Georgina Sloberg submits a market order to sell 100 shares. What price will she receive? (Round your answer to 1 decimal place.) b. Norman Pilbarra submits a market order to buy 400 shares. What is the maximum price that he will pay? (Round your answer to 1 decimal place.) C. Carlos Ramirez submits a limit bid order at 105. Will it execute immediately? a. Price received b. Maximum price Will it execute immediately
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