Answer the following question using this order book: Order Book Example Buy Orders (Bids) Amount 63 36 112 3 $0.28 $0.29 $0.17 Price $42.15 $42.12 $41.99 $41.88 What is the spread for this security after an investor submits a sell order for 185 shares at $41.87? $0.01 Sell Orders (Asks) Amount 3 68 113 9 Price $42.16 $42.22 $42.25 $42.44

Answer the following question using this order book: Order Book Example Buy Orders (Bids) Amount 63 36 112 3 $0.28 $0.29 $0.17 Price $42.15 $42.12 $41.99 $41.88 What is the spread for this security after an investor submits a sell order for 185 shares at $41.87? $0.01 Sell Orders (Asks) Amount 3 68 113 9 Price $42.16 $42.22 $42.25 $42.44

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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Please break it down meaning the excel calculations that is needed for each empty box.
Consider the following limit order book. Limit buy order: Price Size 84.77 200 84.76 100 84.75 400 Limit Sell Order Price Size 84.79 100 84.80 300 85.70 700 If you submitted a market sell order for 400 shares, how much would you receive?
Here is a small part of the order book for Mesquite Foods: Bid Size 100 Price Size 200 $ 103 $ 102.50 200 $ 101 300 $ 99.80 400 a. Georgina Sloberg submits a market order to sell 100 shares. What price will she receive? 200 400 300 Ask Price $103 Price $ 103.50 $ 103.80 $ 104 $ 104.50 Answer is complete and correct. b. Norman Pilbarra submits a market order to buy 400 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 $ 101.00 c. Carlos Ramirez submits a limit bid order at 105. Will it execute immediately? Yes No
Solve question b
Nikul
QUESTION 9 Answer the following questions based on the limit order book for a stock. Bid Ask Price Size Price Size 50.00 400 50.02 500 49.99 400 50.03 300 49.98 600 50.04 400 49.97 500 50.05 450 49.96 400 50.06 300 a. If you placed a market order to sell 1.000 shares, how much would you get for the 1,000 shares? b. What would happen if you placed a limit buy order for 800 shares at S50.01?
*7) Orders for a stock trading system are coded as follows from left to right: 1. The first character is 'B' for a "buy" order, 'S' for a "sel" order 2. The number of shares to buy or sell 3. The stock ticker symbol in all uppercase letters for a "buy" order or all lowercase letters for a "sell" order 4. If the order is a "limit" order with a specific buy/sell price, the requested price in pennies, otherwise the price should be omitted and the order will be a market order at the current asking price for the stock 5. If the order is a "limit" order with an expiration time, the character T followed by the number of minutes until the order expires and should no longer be executed Note that the order code may only contain letters and numbers. It may not include comma, hyphen, etc. What would the code be for a limit order to buy 10000 shares of Alcoa stock (ticker symbol: AA) at $9.00 a share but only if the order can be filled within the next 2 hours? Next or
You would like to buy shares of Sirius Satellite Radio (SIRI) The current ask and bid quotes are $3.96 and $3.93 respectivety You place a market buy-order for 500 shares that executes at these quoted prices How much money did it cost to buy these shares?
You would like to sell 220 shares of Echo Global Logistics, Inc. (ECHO). The current ask and bid quotes are $15.44 and $15.39, respectively. You place a limit sell order at $15.43.If the trade executes, how much money do you receive from the buyer?
am. 140.

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