Here is a small part of the order book for Mesquite Foods:BidAskPriceSizePriceSize$ 102230$ 102.50460$ 101.50460$ 102.80460$ 100920$ 103820$ 98.80690$ 103.50790a. Georgina Sloberg submits a market order to sell 230 shares. What price will she receive?Priceb. Norman Pilbarra submits a market order to buy 920 shares. What is the maximum price that he will pay?Note: Round your answer to 2 decimal places.Maximum price

a. Georgina Sloberg submits a market order to sell 230 shares of Mesquite Foods. A market order to…

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Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter11: Investment Planning

Section: Chapter Questions

Problem 4FPE

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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
Here is a small part of the order book for Mesquite Foods: Price 97 96.5 95 93.8 Bid Price Size 180 360 720 540 Price 97.5 97.8 98 98.5 Maximum price Ask a. Georgina Sloberg submits a market order to sell 180 shares. What price will she receive? Size 360 360 620 640 b. Norman Pilbarra submits a market order to buy 640 shares. What is the maximum price that he will pay? (Round your answer to 2 decimal places.) c. Carlos Ramirez submits a limit bid order at 99. Will it execute immediately?
2
please, don't understand why part B isnt 92. And also c part Thanks!.
Here is a small part of the order book for Mesquite Foods: Bid Price Size 110 $ 90 $89.50 220 $ 88 440 $ 86.80 330 Price Ask Price $90.50 $90.80 Maximum price $91 $ 91.50 Size 220 220 a. Georgina Sloberg submits a market order to sell 110 shares. What price will she receive? 340 430 b. Norman Pilbarra submits a market order to buy 440 shares. What is the maximum price that he will pay? Note: Round your answer to 2 decimal places. c. Carlos Ramirez submits a limit bid order at 92. Will it execute immediately? Yes No
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An individual investor has placed an order to buy 100 shares of common stock. She does not want to pay more than $25 per share. She should place this order as a: O A. Market Order O B. Limit Order O C. Take out order (pizza?) O D. None of the above
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?
You would like to sell 200 shares of Xenith Bankshares, Inc. (XBKS). The current ask and bid quotes are $4.66 and $4.62, respectively. You place a limit sell order at $4.65.If the trade executes, how much money do you receive from the buyer?
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Please make sure the answer is clear n easy to read. Please do it on white paper. Again make sure the answer is clear. do it on white paper. please show all work and do it in a white paper
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