Question: Answer the following questions based on the limit order book for a stock. Bid Price 50.00 49.99 49.98 49.97 49.96 Size 400 400 600 500

 Answer the following questions based on the limit order book for

Answer the following questions based on the limit order book for a stock. Bid Price 50.00 49.99 49.98 49.97 49.96 Size 400 400 600 500 400 Ask Price 50.02 50.03 50.04 50.05 50.06 Size 500 300 400 450 300 a. If you placed a market order to sell 1,000 shares, how much would you get for the 1,000 shares? b. What would happen if you placed a limit buy order for 800 shares at $50.01? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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