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An order book displays the following information Sell Orders Buy Orders Price Price $18.15 $ 18.17 $ 18.14 $ 18.18 $ 18.14 $ 18.19 You place a market order to sell 500 shares. What is the total you will receive for your order? Shares 200 300 100 Multiple Choice O O $9.072 $9070 $9.085 $9.075 59:090 Shares 100 500 100

An order book displays the following information Sell Orders Buy Orders Price Price $18.15 $ 18.17 $ 18.14 $ 18.18 $ 18.14 $ 18.19 You place a market order to sell 500 shares. What is the total you will receive for your order? Shares 200 300 100 Multiple Choice O O $9.072 $9070 $9.085 $9.075 59:090 Shares 100 500 100

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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An order book displays the following information: Buy Orders Shares 200 300 O Price $ 18.17 $18.18 $ 18.19 100 $ 18.14 You place a market order to sell 500 shares. What is the total you will receive for your order? Multiple Choice O O Price $18.15 O O $ 18.14 500 100 $9.072 $9.070 $9.085 Sell Orders $9.075 Shares 100 $9.090
Transcribed Image Text:An order book displays the following information: Buy Orders Shares 200 300 O Price $ 18.17 $18.18 $ 18.19 100 $ 18.14 You place a market order to sell 500 shares. What is the total you will receive for your order? Multiple Choice O O Price $18.15 O O $ 18.14 500 100 $9.072 $9.070 $9.085 Sell Orders $9.075 Shares 100 $9.090
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