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Please help. Here is a small part of the order book for Mesquite Foods: Bid Ask Price Size Price Size $ 110 300 $ 110.50

Please help.

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

Bid Ask
Price Size Price Size
$ 110 300 $ 110.50 600
$ 109.50 600 $ 110.80 600
$ 108 1,200 $ 111 1,100
$ 106.80 900 $ 111.50 1,000

Georgina Sloberg submits a market order to sell 300 shares. What price will she receive?

Norman Pilbarra submits a market order to buy 1,200 shares. What is the maximum price that he will pay?

Note: Round your answer to 2 decimal places.

Carlos Ramirez submits a limit bid order at 112. Will it execute immediately?

multiple choice

Yes

No Correct

image text in transcribed

Here is a small part of the order book for Mesquite Foods: a. Georgina Sloberg submits a market order to sell 300 shares. What price will she receive? Answer is complete and correct. b. Norman Pilbarra submits a market order to buy 1,200 shares. What is the maximum price that he will pay? Note: Round your answer to 2 decimal places. Maximum price c. Carlos Ramirez submits a limit bid order at 112 . Will it execute immediately? Yes No

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