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Suppose that you have access to the following Limit-Order Book (Trade Book) for Tesla, Inc.: Bid (Volume) Price Ask (Volume) 1.654 $ 10.00 1 590
Suppose that you have access to the following Limit-Order Book (Trade Book) for Tesla, Inc.: Bid (Volume) Price Ask (Volume) 1.654 $ 10.00 1 590 S 10.50 1.766 $ 11.00 609 $ 11,50 $12.00 637 $ 12.50 1.895 $ 13.00 1,488 $13.50 1,201 *VOLUME means the number of shares available. Assume that a Market Order to sell 150 shares of Tesla, Inc., was just received. Using the Trade Book above at what price would the order execute at (now or in the future)? $12.00 $10.00 $13.50 $11.50 $11.75
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