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 100 shares of Intel, at what price and quantity will your order be executed? (0.5 pts)

B. If you place a limit sell order for 17300 shares of Intel at the price of $23.15, at what price and quantity will your order be executed? (0.5 pts)

C. If you place a limit buy order for 20,000 shares of Intel at the price of $23.17, at what price and quantity will your order be executed? (0.5 pts)

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