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:
$\begin{array}{cccc}\text { Buy Orders}& \text { Sell Orders}\\\hline \text { Shares }\quad \text { Price } & \text { Shares } \quad \text { Price } \\100 \quad \$ 18.07& 100 \quad \$ 18.11 \\500 \quad \$ 18.06 & 500 \quad \$ 18.12 \\300 \quad \$ 18.05 & 100 \quad \$ 18.12\end{array}$


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

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