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Answer the following questions based on the limit order book for a stock. Bid Ask Price Price Size Size 50.00 400 50.02 500 49.99 400

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Answer the following questions based on the limit order book for a stock. Bid Ask Price Price Size Size 50.00 400 50.02 500 49.99 400 50.03 300 49.98 600 50.04 400 49.97 500 50.05 450 49.96 400 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 $50.01

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