QUESTION $10$

A finance professor places a market order to sell $200$ shares of ABC stock. The current bid price is $$30,$ and the ask price is $$31.$ Which of the following statements is true?

The shares will be sold at exactly $$31.$

The shares will be sold at exactly $$30.$

The shares will be sold at the best available bid price, which may be lower than $$30.$

The shares will be sold at the best available ask price, which may be higher than $$31.$