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13 QUESTION 13 Answer the following questions based on the limit order book for a stock. Bid Price Size 50.00 400 49.99 400 49.98 600
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QUESTION 13 Answer the following questions based on the limit order book for a stock. Bid Price Size 50.00 400 49.99 400 49.98 600 49.97 500 49.96 400 Ask Price Size 50.02 500 50.03 300 50.04 400 50.05 450 50.06 300 a. If you placed a market order to sell 1,000 shares, how much would you get for the 1,000 shares? b. What would happen if you placed a limit buy order for 800 shares at $50.012 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) Step by Step Solution
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