Ask Question
28 July, 15:06

The following order book exists for a particular stock. The last trade on the stock was at $58.34. Buy Orders Sell Orders Shares Price Shares Price 250 $58.33 250 $58.36 200 58.32 800 58.37 900 58.31 1,000 58.39 175 58.29 600 58.40 350 58.41 a. If you place a market buy order for 200 shares, at what price will it be filled?

+2
Answers (1)
  1. 28 July, 18:42
    0
    a) Price of a buy order of 200 shares is $58.36. Because there was an offer of sale that is 250 shares at $58.36 per share, so the price would remain constant at 200 Shares.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The following order book exists for a particular stock. The last trade on the stock was at $58.34. Buy Orders Sell Orders Shares Price ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers