Investment management

1. Consider the stylised trading screen provided in the table below. Calculate the average execution price, to two decimal places, for an at market order to buy 687,213 shares if the market is trading at $2.41/$2.43 Market Price Number of Shares $2.46 $2.45 $2.43 892,219 354,989 298,382 521,814 601,322 215,333 $2.41 $2.40 $2.39 $5.51 $2.43, $2.45, and $2.46 $2.45 O $2.44