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