You want to immediately sell 500 shares of fb on the market, Financial Management

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You want to immediately sell 500 shares of fb on the market

You observe the order book for shares of FB looks as follows:

Asks (volume x price):

100 x 24.63

200 x 23.62

100 x 22.28

50 x 21.71

Bids (volume x price):

100 x 19.28

200 x 18.57

250 x 17.94

200 x 16.63

You want to immediately sell 500 shares of FB on the market. What will be your average price per share?

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Financial Management: You want to immediately sell 500 shares of fb on the market

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Financial Management: You want to immediately sell 500 shares of fb on the market

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