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The following information applies for the following two questions: The following orders submitted prior to the call auction: Bid LMT order 500 Shares for $90

The following information applies for the following two questions:

The following orders submitted prior to the call auction:

Bid LMT order 500 Shares for $90

Bid LMT order 100 shares for $100

Bid LMT order 300 shares for $94

Ask LMT order 200 shares for $99

Ask LMT order 100 shares for $93.5

Bid LMT order 700 shares for $96

Ask LMT order 650 shares for $94

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Assuming that the previous closing price was $97, what is the opening price of the Call Auction?

Question 12 options:

90

93.5

94

96

99

100

None of the above

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