Question
ABC specialist posts a bid price of $50 and an ask price of $50.50. In the ABC limit order book, the highest unfiled limit buy
ABC specialist posts a bid price of $50 and an ask price of $50.50. In the ABC limit order book, the highest unfiled limit buy order is $50.20 and the lowest unfiled limit sell price is $50.30. If you place a market sell order, which will be your purchase price?
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Fundamentals Of Corporate Finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
5th Edition
1119795435, 978-1119795438
