Question: QUESTION 21 Answer the following questions based on the limit order book for a stock. Bid Ask Price Size Price Size 50.00 400 50.02 500

 QUESTION 21 Answer the following questions based on the limit order

QUESTION 21 Answer the following questions based on the limit order book for a stock. Bid Ask Price Size Price Size 50.00 400 50.02 500 49.99 400 50.03 300 49.98 600 50.04 400 49.97 500 50.05 450 49.96 400 50.06 300 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? Fax

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