15]
The market order will be executed as follows :
Total amount (before brokerage) = $5560 + $16710 = $22270.
Total amount (after brokerage) = $22270 + $35 = $22305.
The answer is D.
16]
The market order will be executed as follows :
Total amount (before brokerage) = $13875 + $8310 = $22185.
Total amount (after brokerage) = $22185 - $35 = $22150.
The answer is B.
Consider the follow order be are limit orders away from the market. How order book exists...
Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $140. Limit Buy Orders Price Shares $139.75 700 139.70 1,000 139.65 700 139.60 200 138.65 800 Limit Sell Orders Price Shares $139.80 125 139.85 125 139.90 350 139.95 125 a. If a market buy order for 125 shares comes in, at what price will it be filled? (Round your answer to 2 decimal places.) Best price b. At...
10. General Consider the following limit order book for a share of stock. The last trade in the stock occurred at a price of $50. Limit Buy Orders Limit Sell Orders Price Shares Price Shares $49.75 600 $50.25 200 49.5 2000 50.5 1000 49.25 5000 51 300 49 300 55.5 800 48.5 1000 10a. Is the limit-order book bullish or bearish now? Please explain in one sentence. 10b. If a market buy order for 600 shares comes in, what is...