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Consider the follow order be are limit orders away from the market. How order book exists for a particular stock. per share. particular stock. That

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Consider the follow order be are limit orders away from the market. How order book exists for a particular stock." per share. particular stock. That is, these the market". The stock last traded at $56.64 Buy Orders Sell Orders Shares 250 600 900 1200 Price $55.50 $55.40 $55.30 $55.20 Shares Price 100 $65.60 500 $55.70 750 $55.80 800 $55.90 15. If you put in a market order to buy 400 shares of stock, what wit be the total cost of the transaction? Your broker charges you $35 per transaction. A. Less than $22,100 B. $22,100 to $22,200 C. $22,200 to $22,300 D. $22,300 to $22,400 E. More than $22,400 16. If you put in a market order to sell 400 shares of stock, what will be the total credit to your account? Your broker charges you $35 per transaction. - A. Less than $22,100 B. $22,100 to $22,200 C. $22,200 to $22,300 D. $22,300 to $22.400 E. More than $22,400

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