Consider the following limit order book. Suppose you place a market order to sell 1500 shares...
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Consider the following limit order book. Suppose you place a market order to sell 1500 shares of this stock. What would be your average selling price? Round your answer to 2 decimal places. For example if your answer is 0.666, then please write down 0.67. price 50.05 50.04 50.00 49.98 49.92 orders to buy 1200 5000 orders to sell 4500 2500 500 5 Jill 11 Consider the following limit order book. Suppose you place a market order to sell 1500 shares of this stock. What would be your average selling price? Round your answer to 2 decimal places. For example if your answer is 0.666, then please write down 0.67. price 50.05 50.04 50.00 49.98 49.92 orders to buy 1200 5000 orders to sell 4500 2500 500 5 Jill 11 Consider the following limit order book. Suppose you place a market order to sell 1500 shares of this stock. What would be your average selling price? Round your answer to 2 decimal places. For example if your answer is 0.666, then please write down 0.67. price 50.05 50.04 50.00 49.98 49.92 orders to buy 1200 5000 orders to sell 4500 2500 500 5 Jill 11 Consider the following limit order book. Suppose you place a market order to sell 1500 shares of this stock. What would be your average selling price? Round your answer to 2 decimal places. For example if your answer is 0.666, then please write down 0.67. price 50.05 50.04 50.00 49.98 49.92 orders to buy 1200 5000 orders to sell 4500 2500 500 5 Jill 11
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If you place a market order to sell 1500 shares your order will first fill at the highe... View the full answer
Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0077283292
5th edition
Authors: Bradford D. Jordan, Thomas W. Miller
Posted Date:
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