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Hi,can anyone explain how to solve a&b, thanks. Consider the following limit order book for a share of stock. the last trade in the stock
Hi,can anyone explain how to solve a&b, thanks.
Consider the following limit order book for a share of stock. the last trade in the stock occurred at a price of $50. If a market buy order for 100 shares comes in, at what price will it be filled? At what price would the next market buy order be filled? If you were a security dealer, would you want to increase or decrease your inventory of this stockStep by Step Solution
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