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Consider the following limit order book for a stock.The last trade in the stock occurred at a price of $55. Buy Order Limit Sell Order

Consider the following limit order book for a stock. The last trade in the stock occurred at a price of $55.

Buy Order LimitSell Order Limit
PreciosharePrecioshare
ps54.75500ps55.25200
54.5040055.50200
54.2550058.75300
54.0020062.25100
53.50800
and .

If a buy order enters the market for 200 shares, at what price will it be executed?

second

At what price would the next market buy order be filled? (Round your answer to 2 decimal places. Omit the "$" sign in your answer.)

Preciops

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Question 1 The limit order book shows the following buy and sell orders Buy orders 500 shares at 547... blur-text-image

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