Question: Consider the following limit order book. table [ [ Limit Buy Orders,Limit Sell Orders ] , [ Price , Shares,Price,Shares ] , [ $

Consider the following limit order book.
\table[[Limit Buy Orders,Limit Sell Orders],[Price,Shares,Price,Shares],[$120.20,200,$120.22,100],[$120.18,400,$120.24,200],[$120.16,800,$120.26,300],[$120.14,600,$120.27,100],[$120.13,200,,]]
If a market buy order for 200 shares is placed, at what price will it be filled and what will be the total cost for the investor placing the market buy order? Fill in the first row in the table below to show what the top of the limit order book will look like after the market buy order is filled (i.e., show the highest bid price and the lowest ask price along with the number of shares available at those prices).
\table[[Limit Buy Orders,Limit Sell Orders],[Price,Shares,Price,Shares],[$,1,$1,]]
You purchased 500 shares of Palantir common stock on margin at $20 per share. Assume that the initial margin is 50% and that the maintenance margin is 30%. Also assume that the stock pays no dividends and that there is no interest charged on the margin loan. Compute the critical price that triggers a margin call if the stock price falls to, or below, that critical price.
 Consider the following limit order book. \table[[Limit Buy Orders,Limit Sell Orders],[Price,Shares,Price,Shares],[$120.20,200,$120.22,100],[$120.18,400,$120.24,200],[$120.16,800,$120.26,300],[$120.14,600,$120.27,100],[$120.13,200,,]]

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