Clarification when explaining the whole process when you get the answers, step by step and show work. Thank you!

19. You have the following information on quotes for ACME common stock: At 9:48:00, the National Best Bid Price is 20. You have the following information on quotes for ACME common stock: At 9:48:00, the National Best Offer Price is 17. The book in XYZ is: At 11 am Peter submits an order, "Sell 600 shares limit 19.99." What executions ocour? what does the new book look like? 10 FN 485 - Trading and Markets 18. The book in Xr is: At 11 am Leonarde submits an order, "Sell 600 shares limst 20 of i0c" What esecution eccur? what does the new book iock like? 13. A market receives the following buy orders. How are they ranked? That is, in what order will they be executed (1 first, 2 nsecond, 5 mast) 14. A market receives the following buy orders. How are they ranked? That is, in what order will they be executed (1 sirst, 2 asecond, =5 siast) FIN 415 - Trading and Markets 15. A market receives the following buy orders. Hew are they ranked? That is, in what order will they be executed (1 nfirst, 2asecond, 5 mast) 16: The book in Xrz is: At 11 am, Nohn submits an order: "Buy 500 shares limit. 20.05," What executions occur? What does the new book look like? 1. A market receives the followiry buy orderi. how are ther rarketiP that is in ohat orifer ail they to ranks orders uning price-tive ariority. sorders uling peice-time priocty. FIN 415 - Tradire and Marketi orders are ewecuned daring that peried. to orders are easculed tient that period. 4. The same of the bock at 1043ai. aner Feespris atoer is ivlonstbed? The narkes is told tor. shates. ghares oflered at Fiv 495 - fratine and Mtarkets 3. The sate of the bost at 10 van is: after foser' 1 order it iusomithed? Howe narbet 6 , tighor thares. Shares oflered at. 6. The thate ef the bock at 1053a=1 it. The narber is that tor shares. shares oflered at 19. You have the following information on quotes for ACME common stock: At 9:48:00, the National Best Bid Price is 20. You have the following information on quotes for ACME common stock: At 9:48:00, the National Best Offer Price is 17. The book in XYZ is: At 11 am Peter submits an order, "Sell 600 shares limit 19.99." What executions ocour? what does the new book look like? 10 FN 485 - Trading and Markets 18. The book in Xr is: At 11 am Leonarde submits an order, "Sell 600 shares limst 20 of i0c" What esecution eccur? what does the new book iock like? 13. A market receives the following buy orders. How are they ranked? That is, in what order will they be executed (1 first, 2 nsecond, 5 mast) 14. A market receives the following buy orders. How are they ranked? That is, in what order will they be executed (1 sirst, 2 asecond, =5 siast) FIN 415 - Trading and Markets 15. A market receives the following buy orders. Hew are they ranked? That is, in what order will they be executed (1 nfirst, 2asecond, 5 mast) 16: The book in Xrz is: At 11 am, Nohn submits an order: "Buy 500 shares limit. 20.05," What executions occur? What does the new book look like? 1. A market receives the followiry buy orderi. how are ther rarketiP that is in ohat orifer ail they to ranks orders uning price-tive ariority. sorders uling peice-time priocty. FIN 415 - Tradire and Marketi orders are ewecuned daring that peried. to orders are easculed tient that period. 4. The same of the bock at 1043ai. aner Feespris atoer is ivlonstbed? The narkes is told tor. shates. ghares oflered at Fiv 495 - fratine and Mtarkets 3. The sate of the bost at 10 van is: after foser' 1 order it iusomithed? Howe narbet 6 , tighor thares. Shares oflered at. 6. The thate ef the bock at 1053a=1 it. The narber is that tor shares. shares oflered at