The price is $40.25 or less.
Price is the sum of cash that is expected, needed, or delivered in exchange for anything.
First, the limit sell order in the book would naturally be matched against the 100-share market buy order.
As a result, B might be accurate if this market maker is the sole expert available.
But it is feasible that the price could actually be lower than 40.25 if there is another market maker or inventory from which the order could be executed.
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