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Now, assume that the state of the limit order book is as follows just before the call of CBA's opening call auction: Price Buy Quantity

Now, assume that the state of the limit order book is as follows just before the call of CBA's opening call auction:

Price

Buy Quantity

Sell Quantity

$8.08

0

1600

$8.01

0

1800

$7.99

0

1200

$7.96

1800

0

$7.91

800

0

$7.87

1100

0

$7.84

1900

0

$7.82

800

0

If no more orders are entered, the call price would be:

a.

$8.01

b.

$7.96

c.

$7.91

d.

$7.99

e.

Other

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