Question: 4. Stock transactions: Execution 1. 2. 3. 4. STEP: 3 of 4 Consider the following table, which is the ECN book for Intertech Company's stock.

4. Stock transactions: Execution 1. 2. 3. 4. STEP: 3 of

4. Stock transactions: Execution 1. 2. 3. 4. STEP: 3 of 4 Consider the following table, which is the ECN book for Intertech Company's stock. 2 ECN Book for Intertech Company Entry Number Bid or Ask? Shares Price 1 Bid 1,100 $60.02 2 Bid 300 $60.16 3 Bid 700 $60.22 4 Bid 600 $60.33 5 Ask 600 $60.41 6 Ask 700 $60.52 7 Ask 800 $60.65 8 Ask 500 $60.75 Suppose a new limit order is placed to sell as many shares as possible at a price of no less than $60.16. A total of shares will be sold. Which entries will be removed from the ECN after the transaction is complete? Check all that apply. 1 N 3 U 4

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