Now, assume that the state of the limit order book is as follows just beforethe call of CBA's opening call auction:Buy QuantityPrice$8.08$8.01$7.99$7.96$7.91$7.87$7.84$7.82000a. $7.96O b. $8.01O c. OtherO d. $7.99e.$7.91180080011001900800Sell Quantity1600180012000000If no more orders are entered, the call price would be: The executed volume would be:a. 1800O b. 0O c. 600O d. OtherO e. 1200

The opening call public sale determines the hole price based on the to be had to buy and promote…

Now, assume that the state of the limit order book is as follows just before the call of CBA's opening call auction: Buy Quantity Price $8.08 $8.01 $7.99 $7.96 $7.91 $7.87 $7.84 $7.82 O a. $7.96 O b. $8.01 O c. Other O d. $7.99 e 0 0 0 $7.91 1800 800 1100 1900 800 If no more orders are entered, the call price would be: Sell Quantity 1600 1800 1200 0 0 0 0 0

Now, assume that the state of the limit order book is as follows just before the call of CBA's opening call auction: Buy Quantity Price $8.08 $8.01 $7.99 $7.96 $7.91 $7.87 $7.84 $7.82 O a. $7.96 O b. $8.01 O c. Other O d. $7.99 e 0 0 0 $7.91 1800 800 1100 1900 800 If no more orders are entered, the call price would be: Sell Quantity 1600 1800 1200 0 0 0 0 0

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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Question

Now, assume that the state of the limit order book is as follows just before
the call of CBA's opening call auction:
Buy Quantity
Price
$8.08
$8.01
$7.99
$7.96
$7.91
$7.87
$7.84
$7.82
0
0
0
a. $7.96
O b. $8.01
O c. Other
O d. $7.99
e.
$7.91
1800
800
1100
1900
800
Sell Quantity
1600
1800
1200
0
0
0
0
If no more orders are entered, the call price would be:

The executed volume would be:
a. 1800
O b. 0
O c. 600
O d. Other
O e. 1200

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