4:15 PM M BUSS02081-20179 Con X Connect C secure https://newconnect.mheducator.c

Q: 4:15 PM M BUSS02081-20179 Con X Connect C secure https://newconnect.mheducator.c

no of units ask price/bid price a- price she will receive 280 108 280*108 30240 b- maximum price he will pay 940 109.5 940*109.5 102930 c- answer is yes because limit is of 110 so it would be executed immediately no of units ask price/bid price a- price she will receive 280 108 280*108 30240 b- maximum price he will pay 940 109.5 940*109.5 102930 c- answer is yes because limit is of 110 so it would be executed immediately

ID: 2599962 • Letter: 4

Question

4:15 PM M BUSS02081-20179 Con X Connect C secure https://newconnect.mheducator.com flow connect h Q o, Check my work mode: This shows what is correct or incorrect for the work you have completed so fer. It does not indicate completion. Return to question 14 Here is a small part of the order book for Mesquite Foods 2 points Bid Ask Price 188 187.5 186 184.8 288 568 1,120 840 1ze Price Sire 108.5 188.8 566 580 1,828 189 109.5 940 a. Georgina Sloberg submits a market order to sell 280 shares What price will she recèive? 3 Answer is complete but not entirely correct. 30 240 3 715 PM

Explanation / Answer

no of units

ask price/bid price

price she will receive

280

108

280*108

30240

maximum price he will pay

940

109.5

940*109.5

102930

answer is yes because limit is of 110 so it would be executed immediately