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10. General Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $50.
10. General Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $50. Limit Buy Orders Limit Sell Orders Price Shares Price Shares $49.75 600 $50.25 200 49.5 2000 50.5 1000 49.25 5000 51 300 49 300 55.5 800 48.5 1000 10a. Is the limit-order book bullish or bearish now? Please explain in one sentence. 10b. If a market buy order for 600 shares comes in, what is the average price it will be filled? 10c. After the buy order in part (b) has been executed, if there is another buy order 200 shares comes in, what is the average price it will be filled? 10d. If a limit sell order $49 for 1000 shares comes in, what is the average price it will be filled
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