Question: Below is the current limit order book for Intel stock. Answer the following questions. Treat each question independently. Bid Ask Price Size Price Size 23.16

Below is the current limit order book for Intel stock. Answer the following questions. Treat each question independently.

Bid

Ask

Price

Size

Price

Size

23.16

17200

23.17

10900

23.15

27800

23.18

31643

23.14

26000

23.19

29445

23.13

31100

23.2

27946

23.12

18900

23.21

14628

23.11

17925

23.22

19725

23.1

12250

23.23

14290

23.09

7800

23.24

11100

23.08

4900

23.25

40694

A. If you place a market order to buy 12,000 shares of Intel, at what price and quantity will your order be executed?

B. If you place a limit sell order for 18,000 shares of Intel at the price of $23.14, at what price and quantity will your order be executed?

C. If you place a limit buy order for 900 shares of Intel at the price of $23.16, at what price and quantity will your order be executed?

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