Question: Problem 7-3 Stock Quotes (L01) Here is a small part of the order book for Mesquite Foods: Bid Pelce Size 5 106 260 $ 105.5

Problem 7-3 Stock Quotes (L01) Here is a small part of the order book for Mesquite Foods: Bid Pelce Size 5 106 260 $ 105.5 520 5 101 1,640 $102.8 780 Ask Price $ 106.5 $106.8 $ nez $ 107.5 Size 52e 520 946 830 a. Georgina Sloberg submits a market order to sell 260 shares. What price will she receive? Price b. Norman Pilbarra submits a market order to buy 1040 shares. What is the maximum price that he will pay? (Road your answer to 2 decimal places.) Maximum price c. Carlos Ramirez submits a limit bld order at 108. Will it execute immediately? Yes O No

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