Question
1 You find the following order book on a particular stock. The last trade on the stock was at $44.47. Buy Orders Sell Orders
1 You find the following order book on a particular stock. The last trade on the stock was at $44.47. Buy Orders Sell Orders 10 Shares Price Shares Price 250 points $44.46 250 $44.49 350 44.45 450 44.50 900 44.44 1,000 44.52 200 44.42 950 44.53 400 44.54 eBook- Check my work Print References a. If you place a market buy order for 100 shares, at what price will it be filled? (Round your answer to 2 decimal places.) Share price b. If you place a market sell order for 100 shares, at what price will it be filled? (Round your answer to 2 decimal places.) Share price c. Suppose you place a market order to buy 450 shares. At what price will it be filled? Choose the appropriate answer O 250 shares at $44.49 and 200 shares at $44.5 O 250 shares at $44.54 and 200 shares at $44.53 O 450 shares at $44.47 O 450 shares at $44.54
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