Here is a small part of the order book for Mesquite Foods: Bid Ask Price Size...
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Here is a small part of the order book for Mesquite Foods: Bid Ask Price Size Price Size $ 103 100 $ 103.50 200 $ 102.50 200 $ 103.80 200 $ 101 400 104 300 $ 99.80 300 $ 104.50 400 a. Georgina Sloberg submits a market order to sell 100 shares. What price will she receive? Price b. Norman Pilbarra submits a market order to buy 400 shares. What is the maximum price that he will pay? Note: Round your answer to 2 decimal places. Maximum price c. Carlos Ramirez submits a limit bid order at 105. Will it execute immediately? O Yes Here is a small part of the order book for Mesquite Foods: Bid Ask Price Size Price Size $ 103 100 $ 103.50 200 $ 102.50 200 $ 103.80 200 $ 101 400 104 300 $ 99.80 300 $ 104.50 400 a. Georgina Sloberg submits a market order to sell 100 shares. What price will she receive? Price b. Norman Pilbarra submits a market order to buy 400 shares. What is the maximum price that he will pay? Note: Round your answer to 2 decimal places. Maximum price c. Carlos Ramirez submits a limit bid order at 105. Will it execute immediately? O Yes
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