Question: The best national orders for FLNT are (in order): 1. Bid: $15.21 x 300 shares. Ask: 15.7 x 500 shares 2. Bid: $14.96 x 274.

The best national orders for FLNT are (in order):

1. Bid: $15.21 x 300 shares. Ask: 15.7 x 500 shares

2. Bid: $14.96 x 274. Ask: $15.71 x 487

If Hannah wants to sell 521 shares using a limit order @ $15.21, what is the (average) execution price?

Step by Step Solution

3.26 Rating (155 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Based on the given information the best bid for FLNT is 1521 x 300 shares which is the price that Ha... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!