Question: Problem 7 - 3 Stock Quotes ( LO 1 ) Here is a small part of the order book for Mesquite Foods: table [

Problem 7-3 Stock Quotes (LO1)
Here is a small part of the order book for Mesquite Foods:
\table[[Bid,Ask,],[Price,Size,Price,Size],[$91,120,$91.50,240],[$90.50,240,$91.80,240],[$89,480,$92,380],[$87.80,360,$92.50,460]]
a. Georgina Sloberg submits a market order to sell 120 shares. What price will she receive?
Answer is complete but not entirely correct.
Price $90
b. Norman Pilbarra submits a market order to buy 480 shares. What is the maximum price that he will pay? Note: Round your answer to 2 decimal places.
Answer is complete but not entirely correct.
Maximum price $90.80
c. Carlos Ramirez submits a limit bid order at 93. Will it execute immediately?
Yes
No v
 Problem 7-3 Stock Quotes (LO1) Here is a small part of

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