could anyone give me a step by step solution, thank you!

Question 9 Consider the fragmented market for Stock A, which is comprised of four exchanges. Not yet answered Bid Volume Bid Volume Marked out of 1.00 Flag question Exchange A Ask Volume Price 357 $ 4.20 480 $ 4.15 501 $ 4.10 350 $ 4.05 $ 4.00 $ 3.95 $ 3.90 $ 3.85 Exchange B Ask Volume Price 634 $ 4.20 501 $ 4.15 382 $ 4.10 350 $ 4.05 $ 4.00 $ 3.95 $ 3.90 $ 3.85 300 315 358 283 300 304 220 273 Bid Volume Bid Volume Exchange C Ask Volume Price 254 4.20 356 4.15 389 4.10 350 4.05 4.00 3.95 3.90 $ 3.85 les es es eses es eses Exchange D Ask Volume Price 405 $ 4.20 371 $ 4.15 258 $ 4.10 350 $ 4.05 4.00 $ 3.95 $ 3.90 $ 3.85 300 286 259 345 300 214 279 341 A trader wants to sell as much of Stock A as possible, without exceeding a marginal price impact cost of $0.05 per share. If the trader can only route their order to one exchange, they should route their order to: Select one: a. Exchange C b. Exchange A c. Exchange B d. Exchange D