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5. In an opening cross period for a stock listed on the ASX, the system received the following orders: Construct the supply and demand schedules.
5. In an opening cross period for a stock listed on the ASX, the system received the following orders: Construct the supply and demand schedules. Given any price, we can read off the supply and demand. The smaller of these quantities defines the matched volume. The unmatched remainder is the imbalance. At the indicative price of $6, what is the matched volume? What is the imbalance (direction and size)? Is $6 the open price
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