Q17 Finance HW

An order book displays the following information for stock ABC: Bid Ask Shares Price Price Shares 200 45.29 45.39 100 100 45.22 45.44 200 300 45.16 45.49 200 200 45.09 45.65 400 If you submit a market order to sell 100 shares, at what price will it be executed? Answer should be formatted as a number with 2 decimal places (e.g. 99.99)