Question
In: Finance
The following order book exists for a particular stock. The last trade on the stock was...
The following order book exists for a particular stock. The last trade on the stock was at $60.36.
| Buy Orders | Sell Orders | ||||||||||
| Shares | Price | Shares | Price | ||||||||
| 250 | $60.35 | 200 | $60.38 | ||||||||
| 150 | 60.34 | 700 | 60.39 | ||||||||
| 900 | 60.33 | 1,000 | 60.41 | ||||||||
| 150 | 60.31 | 550 | 60.42 | ||||||||
| 450 | 60.43 | ||||||||||
a. If you place a market buy order for 100 shares, at what price will it be filled? (Round your answer to 2 decimal places.)
b. If you place a market sell order for 100 shares, at what price will it be filled? (Round your answer to 2 decimal places.)
c. Suppose you place a market order to buy 350 shares. At what price will it be filled? Choose the appropriate answer.
-
200 shares at $60.43 and 150 shares at $60.42
-
350 shares at $60.43
-
350 shares at $60.36
-
200 shares at $60.38 and 150 shares at $60.39
Solutions
jeff jeffy answered 1 year agoRelated Solutions
You find the following order book on a particular stock. The last trade on the stock was at $71.54.
You find the following order book on a particular stock. The
last trade on the stock was at $71.54.Buy order (bid)Sharesprice5071.5310071.0310070.5150070.49Sell order (ask)SharesPrice12571.5620071.6210071.6570071.7890071.95a. It you place a market buy order for
200 shares, at what price(s) will it be filled?b. If you place a market sell order
for 200 shares, at what price(s) will it be filled?c. If you place a market buy order for
500 shares. At what price(s) will it be filled?
Problem 5-3 Order Books (LO2, CFA1) The following order book exists for a particular stock. The...
Problem 5-3 Order Books (LO2, CFA1)
The following order book exists for a particular stock. The last
trade on the stock was at $55.63.
Buy Orders
Sell Orders
Shares
Price
Shares
Price
250
$55.62
100
$55.65
250
55.61
600
55.66
900
55.60
1,000
55.68
150
55.58
850
55.69
600
55.70
a. If you place a market buy order
for 100 shares, at what price will it be filled? (Round
your answer to 2 decimal places.)
b. If you place a...
Consider the following limit order book for a share of stock. The last trade in the...
Consider the following limit order book for a share of stock.
The last trade in the stock occurred at a price of $145.
Limit Buy Orders
Limit Sell Orders
Price Shares
Price Shares
$144.75 800
$145.25 120
144.50 1100
146.50 120
144.25 800
149.75 200
144.00 200
153.25 120
143.50 900
If a market buy order for 120 shares comes in, at what price
will it be filled? (Round your answer to 2 decimal
places.)
Best price :
Consider the following limit order book for a share of stock. The last trade in the...
Consider the following limit order book for a share of stock.
The last trade in the stock occurred at a price of $135.
Limit Buy Orders
Limit Sell Orders
Price
Shares
Price
Shares
$134.75
600
$134.80
200
134.70
900
134.85
200
134.65
600
134.90
400
134.60
200
134.95
200
133.65
700
a. If a market buy order for 200 shares comes in,
at what price will it be filled? (Round your answer to 2
decimal places.)
b. At what price...
Refer to the below limit order book for the stock QQL.
Refer to the below limit order book for the stock QQL.1006.406.80300TimeTraderSizePricePriceSizeTraderTime09:55HSU1006.406.80300CTI09:1510:11HKB3006.206.951000WHB09:3009:45BEA5506.007.05100CCB10:00The following scenarios are independent of each other.a. If you execute a market buy order of 500 shares of
QQL, how much money would you receive?b. If a limit order to sell 700 shares at $6.40
arrives, what would be the new market best bid and ask?c. Suppose at 10:15, one of your clients requests to
buy 300 shares of QQL “by the end of the trading day”. There are...
Below is the current limit order book for Intel stock. Answer the following questions. Treat each...
Below is the current limit order book for Intel stock. Answer
the following questions. Treat each question independently.
Bid
Ask
Price
Size
Price
Size
23.16
17200
23.17
10900
23.15
27800
23.18
31643
23.14
26000
23.19
29445
23.13
31100
23.2
27946
23.12
18900
23.21
14628
23.11
17925
23.22
19725
23.1
12250
23.23
14290
23.09
7800
23.24
11100
23.08
4900
23.25
40694
A. If you place a market order to buy 100 shares of Intel, at
what price and quantity will your...
Consider the following limit order book for a share of stock. Bid Ask Price Shares Price...
Consider the following limit order book for a share of
stock.
Bid
Ask
Price
Shares
Price
Shares
$79.75
500
$79.80
500
79.70
900
79.85
400
79.65
700
79.90
900
79.60
1000
79.95
700
78.65
600
a. If a market sell order for 1200 shares comes
in, at what price(s) will it be filled? from low to high
b. Immediately after the order in a) is executed,
what is the bid-ask spread of the stock? (Keep two decimal
places.)
Essay question 22. The present limit order book for stock A looks like the following: Price...
Essay question
22. The present limit order book for stock A looks like the
following:
Price ($)
Quantity (# of shares)
ask5
10.50
50,000
ask4
10.40
45,000
ask3
10.30
5,000
ask2
10.25
20,000
ask1
10.20
10,000
bid1
10.10
5,000
bid2
10.05
10,000
bid3
10.00
4,000
bid4
9.90
10,000
bid5
9.85
20,000
If there is an
Arrival of a market sell Q=18,000
Arrival of a sell @$10.00， Q=18,000
Discuss
(a) how many trades occur?
(b) what is limit order book change?...
Limit order book Below you can find order information received by the Exchange for stock ABC...
Limit order book
Below you can find order information
received by the Exchange for stock ABC from 9am to 10am. Please
construct the limit order book for these orders. The format of
limit order book is provided below and feel free to insert more
rows if needed. For the orders which can be executed or partially
executed, please list the price executed and how many shares being
executed. Please show the final limit order book and final market
bid and...
You are given the following information concerning options on a particular stock: Stock price =...
You are given
the following information concerning options on a particular
stock:
Stock
price
=
$62
Exercise
price
=
$60
Risk-free
rate
=
5% per year,
compounded continuously
Maturity
=
3 months
Standard
deviation
=
45% per
year
a.
What is the intrinsic
value of each option? (Leave no cells blank - be certain to
enter "0" wherever required. Do not round intermediate
calculations.)
Value
Call
option
$
Put
option
$
b.
What is the time...
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