BIDS ASKS Limit Order Book: illiquid stock NATHANS FAMOUS INC NEW COM Shares TOP OF BOOK Price 100 75.86 200 75.85 100 75.13 100 73.37 100 73.14 100 68.86 100 68.46 100 67.20 300 66.50 100 65.80 Go to the slide "Limit Order Book: illiquid stock" showing a screenshot of the limit order book for Nathans Famous Inc. Suppose you send a buy market order for 50 shares. What is the average price per share that you pay? Answer with 2 decimals (no $ sign needed), i.e., 12.34 average price per share = $_ What if instead you send a buy market order for 250 shares? What is the average price per share that you pay? Answer with 2 decimals (no $ sign needed), i.e., 12.34 average price per share = $_
BIDS ASKS Limit Order Book: illiquid stock NATHANS FAMOUS INC NEW COM Shares TOP OF BOOK Price 100 75.86 200 75.85 100 75.13 100 73.37 100 73.14 100 68.86 100 68.46 100 67.20 300 66.50 100 65.80 Go to the slide "Limit Order Book: illiquid stock" showing a screenshot of the limit order book for Nathans Famous Inc. Suppose you send a buy market order for 50 shares. What is the average price per share that you pay? Answer with 2 decimals (no $ sign needed), i.e., 12.34 average price per share = $_ What if instead you send a buy market order for 250 shares? What is the average price per share that you pay? Answer with 2 decimals (no $ sign needed), i.e., 12.34 average price per share = $_
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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