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Consider the following limit order at 10:00 am book for a company trading orders to buy: price quantity $ 5.6 300 $5.4 500 $5 850

Consider the following limit order at 10:00 am book for a company trading

orders to buy:

price quantity
$ 5.6 300
$5.4 500
$5 850
$4.9 700

orders to sell

price quantity
$6 600
$6.7 590
$6.9 700
$7.3 800

For each of the following situations, the average cost of each of the transaction:

1. At 10:03 am a limit order sell arrives for 1000 shares at $5.10

2. At 10:05 am a market order buy arrives for 1200 share

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