Solved

An Order Book Displays the Following Information You Place an Order to Sell 100 Shares

Question 81

Multiple Choice

An order book displays the following information:
 Buy Orders Sell Orders Shares  Price  Shares  Price 100$18.07100$18.11500$18.06500$18.12300$18.05100$18.12\begin{array}{cccc}\text { Buy Orders}& \text { Sell Orders}\\\hline \text { Shares }\quad \text { Price } & \text { Shares } \quad \text { Price } \\100 \quad \$ 18.07& 100 \quad \$ 18.11 \\500 \quad \$ 18.06 & 500 \quad \$ 18.12 \\300 \quad \$ 18.05 & 100 \quad \$ 18.12\end{array}


You place an order to sell 100 shares. At what price will your order be executed?


A) $18.05
B) $18.06
C) $18.07
D) $18.11
E) $18.12

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions