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The exhibit below illustrates the limit orders outstanding on a markets book following the arrival of a large order. Exhibit: Market Limit Order Book Buyer
- The exhibit below illustrates the limit orders outstanding on a markets book following the arrival of a large order. Exhibit: Market Limit Order Book
| Buyer | Bid Size | Limit Price () | Offer Size | Seller |
| Jones | 9 | 49.9 | ||
| Victor | 8 | 50.0 | ||
| Stevens | 6 | 50.1 | 7 | Allen |
| 50.2 | 8 | Cunningham | ||
| 50.3 | 12 | Whittaker |
Kim Toyama submits a day order to buy 16 contracts, limit 50.2. What is Toyamas average trade price? (Show your work)
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Health Care Finance Economics And Policy For Nurses
Authors: Betty Rambur
2nd Edition
0826152538, 978-0826152534
