She will receive a price of 102.
Market order to sell : implies that order will be executed at first bid price
Answer : 102.
A bid price is the highest fee that a customer is inclined to pay for a goods. It is also noted definitely because the bid. In bid and ask, the bid charge stands in contrast to the ask price or offer, and the distinction among the 2 is known as the bid ask spread.
The time period bid refers to the highest rate a purchaser can pay to buy a detailed variety of shares of a inventory at any given time. The term ask refers to the bottom fee at which a vendor will promote the inventory.
A trade will simplest occur whilst a person is willing to promote the safety on the bid price, or purchase it at the ask charge. Large firms referred to as market makers quote both bid and ask fees, thereby incomes a benefit from the spread.
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