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help please The table below shows the limit order book for Foghorn Enterprises. Required: a. If you place a market order to buy 1,100 shares,
help please The table below shows the limit order book for Foghorn Enterprises. Required: a. If you place a market order to buy 1,100 shares, in what sequence will you pay for the shares? (Round the price to 2 decimal places and Round number of shares to the nearest whole number.) b. What is the total cost of the purchase? (Round your answer to the nearest whole dollar.) You are bearish on Telecom and decide to sell short 100 shares at the current market price of \$31 per share. Required: a. How much in cash or securities must you put into your brokerage account if the broker's initial margin requirement is 50% of the value of the short position? b. How high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (Round your answer to 2 decimal places.)
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