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Anettt [7]
3 years ago
5

Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $105.

Business
1 answer:
yaroslaw [1]3 years ago
5 0

Answer:

A. $104.80

B. $104.85

Explanation:

A. Based on the information given If a market buy order for 150 shares comes in, the PRICE at which it will be filled is $104.80

Best price = $104.80

B. Based on the information given At what PRICE would the next market buy order be filled is $104.85

Next best price = 104.85

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