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Here is a small part of the order book for Mesquite Foods Sid Price Price $ 94.50 $ 94.80 $95 $ 95.50 a. Georgina Sloberg submits a market order to sell 150 shares. What price will she receive? $94 $93.50 $.92 $ 90.80 Ask size 150 300 600 450 size 300 300 500 556 Answer is complete and correct.

Here is a small part of the order book for Mesquite Foods Sid Price Price $ 94.50 $ 94.80 $95 $ 95.50 a. Georgina Sloberg submits a market order to sell 150 shares. What price will she receive? $94 $93.50 $.92 $ 90.80 Ask size 150 300 600 450 size 300 300 500 556 Answer is complete and correct.

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
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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 Price $94.50 Size 300 $ 94.80 300 $.95 500 $ 95.50 550 a. Georgina Sloberg submits a market order to sell 150 shares. What price will she receive? $94 $ 93.50 $92 $ 90.80 Size 150 300 600 450 Price 3 Ask Answer is complete and correct. $ b. Norman Pilbarra submits a market order to buy 600 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 $ 92.00 € c. Carlos Ramirez submits a limit bid order at 96. Will it execute immediately? Yes No
Transcribed Image Text:Here is a small part of the order book for Mesquite Foods: Bid Price Price $94.50 Size 300 $ 94.80 300 $.95 500 $ 95.50 550 a. Georgina Sloberg submits a market order to sell 150 shares. What price will she receive? $94 $ 93.50 $92 $ 90.80 Size 150 300 600 450 Price 3 Ask Answer is complete and correct. $ b. Norman Pilbarra submits a market order to buy 600 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 $ 92.00 € c. Carlos Ramirez submits a limit bid order at 96. Will it execute immediately? Yes No
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