NO.PZ2018062002000035
问题如下:
The following limit order standing in the stock’s order book:
Suppose Carl submitted a day order with a limit price of $ 20.87 and sold 1,000 shares, and no more investor submits a buy order after he submitted the order. What is the average price for Carl’s transaction?
选项:
A.$21.70.
B.$21.28.
C.$21.05.
解释:
Carl’s average trade price is:
Carl's order will be filled with the most aggressively priced buy order firstly, which is Fiona’s order for 300 shares at $21.89. Carl still remaining 700 shares did not sell. Philip’s order for 400 shares at $21.02 is the second aggressively priced buy order, after the order was filled Carl still have 300 shares to sell. Debbie’s order for 200 shares at $20.88 is the third aggressively priced buy order, he still has 100 shares to sell after the third order takes place. Liam’s order for 1,000 shares at $20.70 is the next buy order, but the price of this order is lower than Carl's required limit price, therefore, no more transactions can be carried out.
考点:Instructions Of Transaction Processes
这道题表格中给了市场上买方和卖方愿意出的价格和需求量,问如果C同学想要以不低于20.87的价格卖出1000股,那么它的平均成交价格是多少。这道题是从卖股票的角度考虑,那么你就要看看当前市场上有多少人想买,只有买价大于20.87的部分才能成交,从表格可以看出只有Debbie\Philips\Fiona出的买价高于20.87,因此C同学只能卖出900股。那么总共卖出的交易价格就等于:
\(21.28=\frac{300\times21.89+400\times21.02+200\times20.88}{300+400+200}\)
No.PZ2018062002000035 (选择题)这道题是哪章节课程讲到的知识?