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Question - Answer the following question using this order book: Order Book Example
Buy Orders (Bids)
Sell Orders (Asks)
Amount
Price
63
$42.15
3
$42.16
36
$42.12
68
$42.22
112
$41.99
113
$42.25
$41.88
9
$42.44
Required - What is the spread for this security after an investor submits a sell order for 185 shares at $41.87?
a) 0.01
b) 0.29
c) 0.28
d) 0.17
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