Consider the queued orders in the following call auction. Buy Quantity Sell Price Quantity $9.07 $9.01 $8.94 $8.92 $8.88 $8.86 $8.83 $8.77 1800 2200 2700 1700 2800 1800 1600 900 2000 800 The call...


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Consider the queued orders in the following call auction.<br>Buy<br>Quantity<br>Sell<br>Price<br>Quantity<br>$9.07<br>$9.01<br>$8.94<br>$8.92<br>$8.88<br>$8.86<br>$8.83<br>$8.77<br>1800<br>2200<br>2700<br>1700<br>2800<br>1800<br>1600<br>900<br>2000<br>800<br>The call price is determined by first maximising executable volume and then minimising trading<br>surplus. If no more orders are entered, the call price would be:<br>а.<br>Other<br>b. $8.92<br>c. $8.83<br>O d. $8.86<br>e. $8.88<br>

Extracted text: Consider the queued orders in the following call auction. Buy Quantity Sell Price Quantity $9.07 $9.01 $8.94 $8.92 $8.88 $8.86 $8.83 $8.77 1800 2200 2700 1700 2800 1800 1600 900 2000 800 The call price is determined by first maximising executable volume and then minimising trading surplus. If no more orders are entered, the call price would be: а. Other b. $8.92 c. $8.83 O d. $8.86 e. $8.88

Jun 05, 2022
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