Before the arrival of a market order, a firm has the following limit orders standing on its book: Price $ Limit Buy Order Price $ Limit Sell Order 49.75 500 50.50 100 49.50 800 51.25 100 49.25 500 54.75 300 49.00 200 58.25 100 48.50 600 59.25 200 48.25 100 60.00 300 The last trade of the stock occurred at a price of $50.25. If a market buy order for 200 shares comes in, at what price will it be filled? At what price would the next market buy order be filled? What is the average price for this trade? If you were currently holding shares of this stock, would you want to increase or reduce the number of shares you hold for this stock? Why? Before the arrival of a market order, a firm has the following limit orders standing on its book: Price $ Limit Buy Order Price $ Limit Sell Order 49.75 500 50.50 100 49.50 800 51.25 100 49.25 500 54.75 300 49.00 200 58.25 100 48.50 600 59.25 200 48.25 100 60.00 300 The last trade of the stock occurred at a price of $50.25. If a market buy order for 200 shares comes in, at what price will it be filled? At what price would the next market buy order be filled? What is the average price for this trade? If you were currently holding shares of this stock, would you want to increase or reduce the number of shares you hold for this stock? Why