Order book on particular stock

Assignment Help Financial Management

Reference no: EM131838567

You find the following order book on a particular stock. The last trade on the stock was at $70.54.

Buy Orders----------------Sell Orders

Shares Price--------------Shares Price

250 70.53-------------------100 70.56

100 70.52-------------------400 70.57

900 70.51-------------------1000 70.59

75 70.49---------------------700 70.60

--------------------------------900 70.61

a. It you place a market buy order for 100 shares, at what price will it be filled?

b. If you place a market sell order for 200 shares, at what price will it be filled?

c. Suppose you place a market order to sell 500 shares. At what price will it be filled?

Reference no: EM131838567

Questions Cloud

Why would ratings system in theatre be considered censorship : In your opinion, would a ratings system in theatre be considered censorship of the artist or merely a marketing strategy to increase sales?

Explain the basis for comparison of earnings : Instructions Write a memo to Larry Dundee that explains the basis for comparison and the factors affecting quality of earnings.

Prosocial behavior-social psychology : Prosocial Behavior - Social Psychology This is for a class discussion and just need a good solid paragraph

Journalize the transactions and prepare a trial balance : Journalize the following transactions, Post them into ledger account and Prepare a Trial Balance 2017 - March - 1 Commenced business with cash Rs.1,00,000

Order book on particular stock : You find the following order book on a particular stock. The last trade on the stock was at $70.54.

Discussion interpersonal attraction : The textbook notes; "It's no coincidence that in children's movies, the hero is traditionally attractive and the villain ugly.

Whose rights should take precedence : Does a child (here, a competent 14-year old) have the right to determine what will happen to him? Should he ethically have this right?

Determine violation of a general ethical principle : The following cover various ethical situations. For each you need to state whether there has been a violation or no violation of a general ethical principle.

Considerable amount of diversity in the population : Harold Watson makes his living as a rental property manager in a large urban center with a considerable amount of diversity in the population.

User Account

All Pages