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Answer the following questions based on the limit order book for a stock. Bid Price 50.00 49.99 49.98 49.97 49.96 Size 400 400 600 500

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Answer the following questions based on the limit order book for a stock. Bid Price 50.00 49.99 49.98 49.97 49.96 Size 400 400 600 500 400 Ask Price 50.02 50.03 50.04 50.05 50.06 Size 500 300 400 450 300 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? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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