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The limit order book below records the limit orders placed by dealers for shares of Climate,Inc. At what price(s), a market buying order of 120
The limit order book below records the limit orders placed by dealers for shares of Climate,Inc.
At what price(s), a market buying order of 120 shares will be executed?
a) 20 shares at $50.80 and 100 shares at $50.60.
b) 100 shares at $51.10 and 20 shares at 51.12.
c) 120 shares at $51.10.
d) None of the other choices.
The limit order book below records the lim Bid Price Size 50.80 20 50.60 100 50.50 200 50. 48 30 Ask Price 5.00 51..12 51.22 51.60 Size 100 200 110 400Step by Step Solution
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