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Consider the following limit order book for a stock. Limit buy ordersLimit sell ordersPriceNumber of sharesPriceNumber of shares$39.751000$39.81500$39.55350$39.85574$39.152000$39.951900$39.14300$40.05428 Answer the following questions. Treat each question

Consider the following limit order book for a stock.

Limit buy ordersLimit sell ordersPriceNumber of sharesPriceNumber of shares$39.751000$39.81500$39.55350$39.85574$39.152000$39.951900$39.14300$40.05428

Answer the following questions. Treat each question independently.

  1. If a market buy order for 2000 shares comes in, at what price and quantity will it be filled?
  2. If a limit buy order for 2000 shares at the limit price of $39.82 comes in, at what price and quantity will it be filled?
  3. If a limit buy order for 2000 shares at the limit price of $39.7 comes in, at what price and quantity will it be filled?
  4. If a limit sell order for 2500 shares at the limit price of $39.4 comes in, at what price and quantity will it be filled?
  5. If a limit sell order for 200 shares comes in, at what price and quantity will it be filled?

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