ut weigited Indexes. 4. Consider the following limit order book for a share of stock....
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ut weigited Indexes. 4. Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $50. Limit Buy Orders Limit Sell Orders Price Shares 500 800 500 200 600 Price $50.25 51.50 54.75 58.25 Shares $49.75 49.50 49.25 49.00 48.50 100 100 300 100 a. If a market buy order for 100 shares comes in, at what price will it be filled? b. If a market sell order for 600 shares comes in, at what price will it be filled? c. What would the resulting limit order book look like after the above transactions? d. If a limit order came into sell 500 shares $50.00 what would the new limit order book look like? If a limit order came into sell 500 shares $49.50 what would happen? c
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