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EXAMPLE 3: Determine the equilibrium price from matching the following orders (quantity/price) in the pre-opening period of the trading session: buy orders: 300/1.95; 200/1.80; 300/1.65;

EXAMPLE 3: Determine the equilibrium price from matching the following orders (quantity/price) in the pre-opening period of the trading session: buy orders: 300/1.95; 200/1.80; 300/1.65; 200/1.70; sell orders: 200/2.00; 300/M; 200/1.70; 200/1.80. Note: Close price previous day was 1.75. Answer: n Buy Price M Sell n (dis)equilibrium
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EXAMPLE 3: Determine the equilibrium price from matching the following orders (quantity/price) in the pre-opening period of the trading session: - buy orders: 300/1.95; 200/1.80; 300/1.65; 200/1.70; - sell orders: 200/2.00;300/M; 200/1.70; 200/1.80. Note: Close price previous day was 1.75

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