Question: could anyone give me a step by step solution, thank you! Question / Consider the limit order book for Stock A. Not yet answered Marked
could anyone give me a step by step solution, thank you!
Question / Consider the limit order book for Stock A. Not yet answered Marked out of 1.00 Flag question Ask Volume Ask Price Bid Price Bid Volume 600 $10.40 681 $10.35 558 $10.30 513 $10.25 876 $10.20 714 $10.15 689 $10.10 600 $10.01 $9.95 500 $9.86 490 $9.81 282 $9.76 328 $9.71 400 $9.66 415 $9.61 593 $9.56 383 $9.51 570 If a trader submitted a market buy order for 967 shares and no new limit orders entered the market in the subsequent five minutes, the price impact of the trade would be: Select one: a. $0.140 b. Other O c. $0.090 d. $0.040 O e. $0.130
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