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The exhibit below illustrates the limit orders outstanding on a market's book following the arrival of a large order. Exhibit: Market Limit Order Book Kim

The exhibit below illustrates the limit orders outstanding on a market's book following the arrival of a large order.
Exhibit: Market Limit Order Book
Kim Toyama submits a day order to buy 16 contracts, limit 50.2. What is Toyamas average trade price? (Show
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