Here is a small part of the order book for Mesquite Foods:BidPriceSize110$ 90$89.50220$ 88440$ 86.80 330PriceAskPrice$90.50$90.80Maximum price$91$ 91.50Size220220a. Georgina Sloberg submits a market order to sell 110 shares. What price will she receive?340430b. 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?YesNo

The bid cost in monetary markets speaks to the most noteworthy cost a buyer is willing to pay for a…

Here is a small part of the order book for Mesquite Foods: Bid Price $ 90 $ 89.50 Size 110 220 Price Ask Price $ 90.50 $ 90.80 $91 $91.50 $ 88 440 $ 86.80 330 a. Georgina Sloberg submits a market order to sell 110 shares. What price will she receive? Maximum price Size 220 220 340 430 b. Norman Pilbarra submits a market order to buy 440 shares. What is the maximum price that he will Note: Round your answer to 2 decimal places. c. Carlos Ramirez submits a limit bid order at 92. Will it execute immediately? O Yes O No

Here is a small part of the order book for Mesquite Foods: Bid Price $ 90 $ 89.50 Size 110 220 Price Ask Price $ 90.50 $ 90.80 $91 $91.50 $ 88 440 $ 86.80 330 a. Georgina Sloberg submits a market order to sell 110 shares. What price will she receive? Maximum price Size 220 220 340 430 b. Norman Pilbarra submits a market order to buy 440 shares. What is the maximum price that he will Note: Round your answer to 2 decimal places. c. Carlos Ramirez submits a limit bid order at 92. Will it execute immediately? O Yes O No

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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Similar questions

An investor buys 2 ABC Jan 60 puts @ 4 when the market price of ABC is $59. ABC stock later falls to $40 and the investor buys the stock in the market and exercises the puts. The gain is: Group of answer choices $4,000 $3,200 $1,600 $800
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?
Jolie has an outstanding order with her stock broker to purchase 1,000 shares of every IPO. The current three IPOs are each priced at $16 a share and all started trading this morning. Jolie was allocated 300 shares of IPO A, 100 shares of IPO B, and 1,000 shares of IPO C. IPO A opened at $17 a share this morning and ended the day at $17.50 a share. IPO B opened at $21 a share and finished the day at $23 a share. IPO C opened at $16 a share and ended the day at $14.50 a share. What is Jolie's total profit or loss on these three IPOS as of the end of the day? O a. -$400 O b. -$350 O c. -$200 O d. -$150 O e. -$100
Having heard about IPO underpricing, I put in an order to my broker for 1, 120 shares of every IPO he can get for me. After 3 months, my investment record is as follows: IPO Shares Allocated to Me Price per Share Initial Return A 620 $ 10 6 % В 320 20 14 C 1, 1208-3D0 12 23 a. What is the average underpricing in dollars of this sample of IPOs? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. What is the average initial return on my "portfolio" of shares purchased from the four IPOs that I bid on? When calculating this average initial return, remember to weight by the amount of money invested in each issue.
You submitted an 1OC (immediate-or-cancel), buy order for 200 shares at a limit price of $30 per share. Currently there is a sell limit order for 160 shares at $30 per share in the trading system. How many of your shares will get filled: O A. 40 O B. 160 O C. Zero, order will be cancelled
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?
Consider the following table, which is the ECN book for Intertech Company's stock. Entry Number Bid or Ask? Bid Bid Bid Bid Ask Ask Ask Ask 5 ECN Book for Intertech Company Shares 1,000 400 6 7 1 2 3 4 5 8 6 7 8 700 Suppose a new limit order is placed to purchase as many shares as possible at a price of no more than $40.42. A total of be purchased. 300 400 200 100 Which entries will be removed from the ECN after the transaction is complete? Check all that apply. 900 Price $40.06 $40.13 $40.22 $40.31 $40.42 $40.53 $40.63 $40.75 shares will
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?
I keep getting the wrong answer so please assist by showing all the steps. Thanks

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