Question
The following order book schedule at a particular instant of time. Time Price (Rs) Volume Sellers (Ask/ Offer) 10:10:40 158.00 80 10:11:00 156.00 90
The following order book schedule at a particular instant of time. Time Price (Rs) Volume Sellers (Ask/ Offer) 10:10:40 158.00 80 10:11:00 156.00 90 10:10:20 148.00 250 10:10:30 110.00 150 10:10:00 153.00 100 Buyers (Bid) 10:10:55 138.00 100 10:10:40 144.00 160 10:10:50 142.00 120 10:10:10 146.00 250 10:10:00 133.00 80 Compute the true and efficient price as per the order book schedule.
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
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