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Business, 07.10.2020 23:01 jaycobgarciavis

Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $49.50. Limit Buy Orders Limit Sell Orders Price Shares Price Shares $49.30 500 $49.80 100 49.00 800 49.85 100 48.75 500 52.25 300 48.50 200 55.75 100 48.00 600 a. If a market buy order for 100 shares comes in, at what price will it be filled? b. At what price would the next market buy order be filled?

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Consider the following limit order book for a share of stock. The last trade in the stock occurred a...
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