Question: QUESTION 7 Consider the following limit order book for a share of stock. Limit Buy Orders Price Shares Limit Sell Orden Price Shares $49.95 100
QUESTION 7 Consider the following limit order book for a share of stock. Limit Buy Orders Price Shares Limit Sell Orden Price Shares $49.95 100 $49.90 300 $49.85 100 $49.80 100 $49.75 $49.70 $49.65 $49.60 $48.65 500 900 700 400 600 If a limit sell order for $49.77 and 100 shares come in, would it make the new market? what would be the bid-ask spread? No; $0.02 Yes: $0.02 Yes; $0.05 No; $0.05
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